Issue 1152

Analysis

• The ETOA case and Item 1(d) public interest exemptions
• Waiting for the corporate cash cow
• The tax agenda for January 2013
• Tax and the City briefing for January 2013
• The patent box and software companies
• The changing limits of acceptable tax avoidance
• Practice guide: SDLT on incorporation
• Ask an expert: When tax arises on the sale of a private residence

In brief

• New Year, new choices
• Settlement opportunity for tax schemes using gearing
• Unrealistic possibilities

News

• Press watch: ‘Treasury examines corporation tax shake-up’
• MPs debate ‘growing crisis’ in the tax system
• Withdrawal of VAT exemption for business supplies of research: consultation
• Financial institutions and data collection: HMRC guidance
• Taxing the multinationals: FT denounces ‘light touch’ approach
• Multinationals should disclose UK tax bills, say Labour and The Times
• PM says tax avoiding companies lack ‘moral scruples’
• BDO urges government to focus on tackling VAT fraud
• VAT and finance leases after the decision in EON: HMRC guidance
• VAT and water connection charges: HMRC guidance
• WPP chief’s comments reflect ‘fundamental unfairness’, says ICAEW magazine editor
• Taxpayers seeking inner peace may need an activation code
• Cameron signals review of UK’s position on transparency initiative
• Companies need to prepare for ‘tax crisis’, says PR agency
• Companies need to consider ‘what is right’ as well as tax law, says WPP boss
• Press watch: Fiscal cliff deal
• Reuters probes decline in corporation tax receipts
• HMRC flags child benefit charge deadline
• Tax academic is awarded CBE
• Tax credits system was ‘wide open to abuse’ under Labour, Duncan Smith claims
• Government blocks ‘artificial loss relief’ scheme
• Oil fields: regulations
• Tax debate could spin out of control, bosses warn
• Statutory residence test: draft guidance
• HMRC launches ‘settlement opportunity’ for users of tax avoidance schemes
• HMRC’s customer service is ‘poor value for money’, says NAO
• Tax treaties: Bahrain, Barbados, Brunei Darussalam, Liechtenstein, Singapore and Switzerland
• Debt cap: regulations
• Chargeable gains: RPI for November 2012

Cases

• Stringfellows Restaurants Ltd v Quashie
• Grattan plc v HMRC (No. 5)
• R (oao TNT Post UK Ltd) v HMRC (No. 2)
• R (oao Company of Proprietors of Whitchurch Bridge)
• Mr & Mrs S Gardiner v HMRC
• HMRC v Dr M Charlton (and related appeals)
• P Daniel v HMRC
• PB Golf Club Ltd (t/a Potters Bar Golf Club) v HMRC

One minute with

• One minute with ... Mike Dawson

Ask an expert

• Ask an expert: When tax arises on the sale of a private residence

Practice guides

• Practice guide: SDLT on incorporation