Issue 1244

Analysis

• Highlights from ‘L-day’
• The tax chink
• UK tax system complexity: causes and consequences
• The uses of morality in tax

In brief

• The tax chink
• UK tax system complexity: causes and consequences
• The uses of morality in tax
• How to reform business taxation
• The Autumn Statement and RTI
• Diverted profits tax: give BEPS a chance

News

• HMRC clarifies VAT treatment of charities’ direct mail services
• BEPS: OECD releases profit splits discussion draft
• Cautious welcome for MOSS clarification
• Raft of SIs and draft regulations published
• HMRC moving in right direction, says stakeholder report
• In brief: interest withholding; employee shareholding; IHT avoidance; maternity allowance; farmers’ single payment; Bill update; VAT; tobacco; ATED; DTR orders

Cases

• General Healthcare Group v HMRC
• Terence Lynch v NCA
• Frank A Smart & Son v HMRC
• Willant Trust v HMRC
• Idexx Laboratories v Agenzia delle Entrate
• Richard and Julie Jones v HMRC
• Harold Leslie Amah v HMRC

One minute with

• One minute with… Gary Richards

Ask an expert

• Personal portfolio bonds: is an income tax charge triggered?

FA 2015

• Highlights from ‘L-day’
• Diverted profits tax: give BEPS a chance