Issue : Vol 191, Issue 4884

Extraordinary reference to legacy duty on gift

Doing well

No end in sight

Exception to the VAT rule

Box office hits

Extra time needed

Property sale to subsidiary

Trust registration

Life assurance

Free drinks

Potential issues with property transfers. An elderly client has gifted the following properties to her son: 1) A gift of property 1 worth £0.5m, three years ago. CGT paid on transfer.2) A gift...

VAT The FA 2009 (VAT-related Payments) (Interest) (Appointed Day) Order SI 2023/385 appoints 1 May 2023 as the date on which late payment interest on sums due to HMRC and repayment interest on sums...

The digital services tax was designed as an interim tax before the reforms to international tax rules to ensure that multinational enterprises pay a fair share of tax wherever they operate, said the...

The single customer account is expected to be in place by June 2025, the government has confirmed in its March 2023 Treasury minutes. The document also reveals that the Treasury has accepted most of...

The Chartered Institute of Taxation’s Low Incomes Tax Reform Group (LITRG) has published a new report to help HMRC improve the way it provides guidance to taxpayers. The paper – Good...