The tax treatment of debits and credits for uncompleted car sales and purchases
Shareholdings in joint ventures and their new entrepreneurs’ relief rules
HMRC have published Employer Bulletin 53. Extracts follow.
The van benefit charge exemption for zero-emission vans is being phased out between April 2015 and April 2020. From 6 April 2015 a special low rate of 20% of van benefit charge will apply for zero-emission vans. This will increase each year until 6 April 2020 when it becomes the same as the full van benefit charge.
Inside Track Productions LLP & others v CRC, Upper Tribunal (Tax and Chancery Chamber)
J Dyson (TC4336)
Can a director withdraw company funds and invest them as its agent?
Unqualified spouse as director of a professional company
Senex Investments Ltd (TC4312)
N Erridge (TC4294)
Withdrawal of entrepreneurs’ relief on incorporation has hidden traps for partnerships
Exactly when does a partner cease to be a member of a partnership or limited liability partnership?
Lack of joined-up thinking means inconsistent treatment of the sale of goodwill