Press reports suggest that prime minister David Cameron has revived the Conservative pledge to raise the inheritance tax threshold to £1m. Mark Pearce, partner at law firm Thomas Eggar, comments: ‘Reform is needed to the current inheritance tax system.
Lifestyle not substantiated by income
CGT on sale of wasting asset by executors
Your guide to the key measures from the Budget, provided by Lexis®PSL Tax and Lexis®PSL Private Client.
PAYE and pilots
UK source interest
In the wake of updated UK CGT rules for non-residents, Nick Farmer and Stephen Hemmings assess the tax treatment for non-residents disposing of residential property in eight different jurisdictions
Peter Vaines considers lessons from the tribunal decision in J Rice v HMRC on when there is a cessation of trade
Deductibility of travel expenses
Are payments into a retirement scheme ‘earnings’?