Issue: Vol 166, Issue 4285

The draft Finance Bill proposals are, on the whole, a good start, says MIKE TRUMAN

The latest clauses come under scrutiny from RACHAEL DOWN

NEIL WARREN considers the situations when input tax can be claimed on the entertainment costs incurred by a business

CHRIS WILLIAMS tells the tale of how not even Santa and his reindeers could escape qualitative easing

The major shareholder and director of a bookmaking company also make bets privately. He is purchasing some software to assist in determining which bets to make, but will this affect whether any...

A taxpayer who is both a director and self-employed has taken out a subscription for a ‘Boris bike’ for journeys around London

Historically, a company has paid annual pension premiums of £3,600 for its director. It has paid him a small salary and dividends, and has tried to avoid a personal higher-rate liability. The company...

An investment in Japanese stock is to be treated as a deeply discounted security, but advice has been received that the element of the gain relating to currency fluctuation should be taxed as a gain...

Income received from US trusts; the gain on inherited house; POAT on gift of property; VAT on DVDs sold by charity’s trading subsidiary

Issue 21

Newsletter 43

One phone number

HMRC aims to prevent unnecessary disclosures

Levy will be charged at 0.05% in first year

With effect from 1 January 2011