Issue: Vol 168, Issue 4333

MALCOLM GUNN discusses the new unified penalty regime for direct and indirect taxes

How does the current corporation tax penalty regime operate? MARIA KITT explains

HEATHER MILLER works through calculations in which a partnership takes in new members

KEVIN SLEVIN wonders whether HMRC’s views of trading activities relating to the substantial shareholdings exemption will also apply to entrepreneurs’ relief

A VAT-registered sole trader who is a carpet retailer has purchased a plot of land with his wife, on which they plan to build a house

A French national who is UK resident and domiciled has transferred two properties in France to her children

A taxpayer who is resident and domiciled in the UK is due to receive a lump sum from a Belgian pension scheme in about two years time and advice is required on the potential UK income tax liability

A client was left a life interest in the property occupied by her and her partner until his death. As the house was located some distance from the rest of her family the property was sold and a...

Calculating turnover; Furniture freehold; Corporate attractions; PAYE penalty

Foreign income; VAT Notes; Bank levy; Gift aid resource; IR35 forum

Amounts can be used for VAT

Participants have until 31 Dec to complete registration

Autumn statement tax measures summarised

New duties for employers rolling out over four years

Taxman aims for faster response to applications