Issue 1224

Analysis

• HMRC and freedom of information
• Partial exemption and the right to deduct: the cost component issue
• ADR: to mediate or not to mediate?
• Transfer briefing for July 2014
• Spillovers in international corporate taxation
• Adviser Q&A: McLaren: are penalty fines tax deductible?
• Ask an expert: HMRC information powers and close company enquiries

In brief

• The Fair Tax Mark for multinationals
• PAYE/NIC merger: whatever floats your boat?
• Quoted Eurobond ‘loophole’ shocker!

News

• HMRC defends debt recovery powers plan
• Tax disciplinary body handles record number of complaints
• Increase in anti-evasion property raids
• HMRC apologises for £1.9bn calculation error
• No case for LLPs in prohibition of directors, says CIOT
• Press watch: Ingenious Media and Liberty
• CIS set for efficiency boost
• VAT phone filing measures take effect
• In brief: FB 2014; renovation allowance; coding notices; pensioner taxation; VAT7 form; FATCA; Tajikistan DTA; guidance

Cases

• Darren and Lynn Hills v HMRC
• West of Scotland Colleges Partnership v HMRC
• Zipvit v HMRC
• South African Tourist Board v HMRC
• HMRC v Lok’nStore Group
• Bupa Insurance v HMRC
• Gillian Rockall v HMRC

One minute with

• One minute with... Andrew Norwood

Ask an expert

• Ask an expert: HMRC information powers and close company enquiries