The government has decided not to proceed with proposed changes to the matching rules for the ITA 2007 s 731 benefits charge, after respondents to a follow-up consultation suggested that amending the rules in isolation risked ‘unintended consequences of unfairness and opening new opportunities fo
Malcolm Pengelly answers a query on the tax treatment of commissions paid to or for the benefit of investors.
In the case of HMRC v Sir Alexander Fraser Morrison, the Upper Tribunal found that a payment made in settlement of a High Court action was not a contingent liability under TCGA 1992 s 49, thus overturning the decision of the First-tier Tribunal. Paul Howard examines what this would mean in similar situations.
Practitioner views on the impact of the Autumn Statement:
Your guide to the key measures
Jason Collins gives his predictions on what to expect from next week’s Autumn Statement.
By Andrew Goldstone & Jonathan Legg, Mishcon de Reya
CGT on newly built house
Wendy Walton and Miranda Chamberlain review recent changes affecting private client advisers, including the Cotter decision, a case on legal professional privilege, the UK share registry plan, an update on claims against foreign estates, and the retrospective application of the Hastings-Bass principle in Jersey.
Malcolm Finney answers a query on split-year residence and the sale of shares.