Issue : Vol 188, Issue 4798

Tax avoidance is still here but is less prevalent 

Boy who cried wolf

Electric shocker

Farming arrangements

Taking a bite out of the Revenue!

A gentle nudge

Adviser’s concern over abuse of bounce back loans.

Tax relief following the sale and liquidation of company.

Treatment of rental income for non-resident.

Input tax on farm water improvements.

Property distribution Negligible value claim made by a sole shareholder. My client acquired the single £1 share of PropCo for £100,000 in January 2017. At the time of the acquisition, PropCo’s...

Total tax receipts for April 2021 to May 2021 were £106.8bn, which is £45.4bn higher than in the same period for 2020, according to HMRC's latest statistics. However, the department warns...

New VAT rules on cross-border business-to-consumer (B2C) e-commerce activities apply from 1 July 2021. The rationale for these changes is to overcome the barriers to cross-border online sales and...

HMRC’s check employment status for tax (CEST) tool was used 1,018,250 times between 25 November 2019 and 31 May 2021, according to recently updated statistics. The figures show the tool...

By the end of March 2021, HMRC had carried out over 12,000 interventions relating to the coronavirus job retention scheme (CJRS), the self-employment income support scheme (SEISS) and eat out to help...