Issue: Vol 159, Issue 4091

MIKE TRUMAN asks why the ATT and AAT have tried yet again to reopen the debate on the meaning of UITF 40.

MIKE THEXTON warns of the potential tax problems that are hanging over those traders who have non-fiscal accounting year ends.

FRANCESCA LAGERBERG considers the new HMRC consultation on penalties for incorrect tax returns.

TREVOR SHAW considers whether the alternative finance legislation has removed the uncertainties over the taxation of alternative and Islamic financing arrangements.

A client trading company operates a small manufacturing operation. A former employee of that client company, from several years ago (who left on good terms), recently started in business on his own...

We have a close company client which for some years has owned an area of land that it rents to a husband and wife partnership. (The same husband and wife are the two shareholder/directors of the...

My client holds all of the voting A shares of an unquoted close company. His wife has a small holding of non-voting B shares. The proposal is to give three votes to each A share (instead of one) and...

Our clients have set up a limited company with a principal activity of 'investing' in futures, options and currency for short term gain. We are of the opinion that this is not a valid trade and...