Decision whether to opt out may be difficult for those who have a fluctuating income or do not know which partner has the higher income, says CIOT
Error and fraud ‘increased substantially’ in respect of undeclared partners in 2010/11, NAO said
Draft legislation receives a mixed response from tax professionals
Ashley Greenbank and Nigel Doran contend that the GAAR, as set out in the draft provisions, is an anti-avoidance rule in all but name.
The SRT is an improvement on the current situation but is far from fulfilling the aims of reform, explain Simon and Sharon McKie.
Robert Langston considers the three new taxes.
Cost 'is expected to rise towards £1bn beyond [2017/18]', the OBR says
SI 2012/3047
SI 2012/3004
SI 2012/3043