Issue: Vol 168, Issue 4324

NICK FARMER and STEVE HOARE look at the international tax issues of expanding abroad

NEIL WARREN considers the practical challenges that can arise when goods are bought or sold overseas by a UK business

PAUL APLIN explains why the time is ripe to engage with HMRC

RICHARD CURTIS looks at the rules relating to the taxation of UK income

A company has been trading for about ten years, but has not paid corporation tax for four years due to the ‘critical personal need’ of the directors amd also owes VAT

The taxpayer runs a public house as a sole trader and also owns the freehold premises. He has previously charged the business a rent for the use of the pub and this has been paid to him personally

A private medical insurance premium of £2,600 for the period 1 March 2011 to 31 March 2012 was included in full on the 2010/11 form P11D

A married couple invested £350,000 with a financial institution, but this had fallen in value to £200,000 within two years. The institutions agreed that the investment was not appropriate and paid...

Doubtful donation; Tangled trade; Capital loss?; Policy protection

Extracts from issue 45

Late returns; Contracting out; Paper returns

Submissions accepted through existing online channels

Ex-PwC partner is tax director

G Davis (TC1246)

Maroussem v Director General, Mauritius Revenue Authority, Privy Council