Issue 1217

Analysis

• Icebreaker: sideways relief denied for IP schemes
• The tax impact of Scottish independence
• International briefing for May 2014
• McLocklin: indirect subscriptions of share capital
• Audit reform and tax service restrictions
• Adviser Q&A: Is the UK a corporate tax haven?

In brief

• Talking points, 23 May 2014
• AG opinion on VAT groups with overseas members
• Gardiner: negligence and tax avoidance

News

• HMRC doubles use of external debt collectors
• ‘Gift to charity’ scheme defeated
• Hidden economy leave £40bn tax gap, claims campaigner
• Digital sector alerted to new place of supply rules
• In-year fines begin for late PAYE
• Public Bill Committee agrees four VCT amendments
• In brief: UK Uncut; oil and gas; ATED; child benefit; Scottish landfill; VAT fines; guidance

Cases

• Ryan Gardiner and others v HMRC
• Paul Salter v HMRC
• HMRC v Pinevale
• HMRC v Roger Skinner
• Parry and others v HMRC
• Ferguson v HMRC
• Finn & others v HMRC

One minute with

• One minute with... Patrick Way QC

Ask an expert

• Ask an expert: Does interest have a UK source?