Issue: Vol 156, Issue 4028

ALLISON PLAGER writes an epitaph for the passing of the electronic lodgement service. IT HAD TO come. After seemingly years of shilly-shallying, HMRC has decided to pull the plug on the electronic...

JON GOLDING explains the Finance Act 2005 provisions that deal with the taxation of 'alternative finance arrangements'. THE ISLAMIC LAW, Shari'ah, encompasses religious duties and in this law the...

Is the disclosure of tax avoidance schemes régime working to everyone's satisfaction? DAVID EARLE reports. UNTIL LAST YEAR, Disclosure was merely a 1994 film starring Michael Douglas. For tax...

AMANDA FLINT looks at transfer pricing and share schemes.

A UK resident individual has lent money to a UK discretionary settlement to enable it to carry out a capital project. Interest is to be paid on the loan for a period that will exceed one year. Is...

Scholarship income

Correspondence from readers on topical subjects. Commuted sums Please do not forget to factor inheritance into the equations. A lump sum, if not spent, can be inherited by a dependant or other...