Issue: Vol 0, Issue 1120

Analysis

• The wider implications of First Nationwide
• International briefing for April 2012
• Securitising distressed debt
• Back to basics: Trading or non-trading - reliefs & company status
• VAT performance: how businesses compare
• Ask an expert: US companies and EMI options

In brief

• The political fallout from the Budget, one month on
• Stamp taxes and the new tax transparent fund
• LSS, ADR and yet more pilots
• The HSBC SDRT case
• The HSBC SDRT case
• Retrospective tax legislation

News

• Page count is not the only measure of tax complexity, says OTS
• BBC apologises to Philip Green after Cameron interview
• Finance Bill: Income tax basic rate limit agreed
• Daily penalties for late online tax returns begin on 1 May
• HMRC promotes record-keeping apps for small businesses
• HMRC invites online applications for Alternative Dispute Resolution
• HMRC guidance updated
• UK-Liberia TIEA enters into force
• Press watch: Tax havens and the CBI's business tax campaign
• VAT anomalies consultation extended
• We will not publish anonymised corporate tax figures, says Gauke
• Finance Bill proceedings: Committee of the Whole House, 18 and 19 April

Cases

• Fitzpatrick & Co (Solicitors) v HMRC
• Ms N Bailey v HMRC
• Miss G Orsman v HMRC
• Philips Electronics UK Ltd v HMRC
• T Healy v HMRC
• GR Solutions Ltd v HMRC

One minute with

• One minute with ... Melanie Hall, QC

Ask an expert

• Ask an expert: US companies and EMI options

Practice guides

• Back to basics: Trading or non-trading - reliefs & company status