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Issue: Vol 168, Issue 4325
7 Oct 2011
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IN THIS ISSUE
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2
Self-serving?
MIKE TRUMAN summarises your responses to HMRC's tax agents strategy consultation
Big extraction
JACK HOLLYMAN considers various ways of mining profits from a corporate partner
Rattling the cage
HMRC skeleton arguments are a valuable resource and should be available to the public. JAMES KESSLER QC explains why
Multiple attraction
SARA COHEN considers a route to private company share buybacks
Trust tangle
The amount of actual business profits can differ from the amount that is subject to tax, but how does this work for the beneficiary of a trust?
Wrong code
PAYE code number BR was operated in respect of a taxpayer’s secondary employment, but this did not collect the higher-rate tax liability
Corporate partners
A corporate partner can be an effective tax planning device for the self-employed...
Tax at one o’clock
A charity exhibits old aeroplanes and also uses them for flying displays. It intends to import a WW2 plane from the USA
New queries, issue 4325
Will trust; Cash challenge; An attorney’s power; Chill-out room
Getting colder
'If you didn’t ask you didn’t get'
Garden gain
'Stamp duty land tax not taken into account'
Partners and land
'Too much emphasis placed on the business owning the asset'
In brief, issue 4325
EIS approval; Agent copies; Overseas expenses; PAYE due date
More testing for the single compliance process
Four more sites will be added from January 2012
Tutors invited to reveal their full earnings
HMRC launch tax catch-up plan
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READERS'
FORUM
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Tax tip: VAT and takeaway meal deals
Readers’ forum: Will transferring title to property trigger tax?
Readers’ forum: Can beneficiary living abroad claim repayment of income tax?
Readers’ forum: What are the consequences of a write-down?
Readers’ forum: Will there be penalties due?
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NEWS
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Loan charge reviews asks for evidence such as marketing material sent by scheme promotors
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DEADLINE DATES
Deadline dates for May 2025
CASES
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Taxpayer was settled and domiciled in England
Relief denied because LLP not trading
Liability to account and pay output tax
Email problems were understandable
Planning condition did not affect suitability as a dwelling
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This week's opinion: 10 April 2025
Loan charge reviews asks for evidence such as marketing material sent by scheme promotors
Agents’ resolution service launches
Spotlight targets profit extraction scheme
Welsh Revenue Authority unveils new corporate plan