SI 2013/999
The April edition of HMRC’s Trusts & Estates Newsletter includes articles on the inheritance tax treatment of usufructs (right to the use and enjoyment of another’s property); changes to the 2012/13 trust and estate tax return; and dea
Firms deny ‘lack of clarity’ over where they draw the line between acceptable planning and aggressive avoidance
The G8 and EU 'must work together to ensure full transparency in beneficial ownership'
EC invites applications from organisations representing business, civil society and tax professionals
Adviser Q&A with Simon Garrett of CMS Cameron McKenna
A public committee on the Finance Bill passed Clause 2 (personal allowance for 2013/14) without amendment on 23 April.
Taxpayers who have not filed their 2011/12 online tax return will incur a £10 daily penalty from 1 May, HMRC has warned, in addition to the initial £100 late filing penalty for missing the 31 January deadline.
Peter Vaines considers the ‘outrageously unfair’ rules at issue in the Lobler case.
Wendy Walton and Gemma Davies consider recent developments in the private client arena, including the new offshore disclosure facilities and HMRC’s managing serious defaulters programme.