TRADING

Heather Self (Blick Rothenberg) considers the tax issues surrounding compensation payments made by the Post Office to subpostmasters.

Catherine Robins and Sam Wardleworth (Pinsent Masons) review an interesting Upper Tribunal decision on the test for trading, 'golden contracts' and the availability  of enterprise zone allowances and legitimate expectation.

What differences are there between the tax treatments of trade associations and mutual trades? Jackie Wheaton (Moore Stephens) reviews the key points.

Michelle Sloane (RPC) considers key questions on international trade, following the government’s announcement of a ‘hard Brexit’.

The tribunal has issued its decision in Ingenious Film Partners 2 LLP.  Gideon Sanitt (Macfarlanes) reviews the consequences of that decision for investors.

Jackie Wheaton (Moore Stephens) answers a query on the tax considerations when two partnerships merge.

Andrew Levene (BKL) sets out the tax issues on different options for structuring the purchase of freehold property

The decision of the Upper Tribunal in Eclipse confirmed that the film partnership in that case was not trading. As Chris Bates and Judy Harrison explain, the decision is also important for what it tells us about the Upper Tribunal’s ability to hear appeals.