TAX POLICY ADMINISTRATION

HMRC’s Fast facts online publication trumpets ‘record revenues’ for the UK, but the department should be careful in the way it puts its message across, writes Andrew Hubbard

Peter Vaines considers two recent cases where the tribunal seems to be taking a sympathetic view about reasonable excuses

HMRC has published a guidance note on FB 2014 (Part 5 and Schs 30–32), promoters of tax avoidance schemes. It contains a flowchart and examples. The guidance explains that the objectives of the regime are to:

Employee benefits and expenses

Had the parties settled?

Few advisers will be surprised at the First-tier Tribunal’s rejection of the highly artificial ‘blue box’ tax planning scheme. David Whiscombe examines the decision which provides a useful summary of the current position on the Ramsay principle

Michael Avient reviews the decisions in Cotter, Rouse and De Silva and provides considerations for advisers when advising on loss carry-back claims.

Heather Self reflects on the operation of HMRC’s litigation and settlements strategy in light of views expressed at a recent conference

Frank Nash highlights HMRC’s ‘seven deadly weapons’