Issue: Vol 170, Issue 4380

MIKE TRUMAN analyses the Upper Tribunal’s judgment in UBS AG & Anor v HMRC [2012] All ER (D) 179

Why should appeals against fines for late partnership returns be restricted to representatives, asks MARK McLAUGHLIN

Keep a close watch on turnover on an ongoing basis to avoid VAT registration mistakes, advises MIKE THEXTON

Highlights reported by Rebecca Cave, director of Taxwriter Ltd, and Colin Anderson, TaxAid volunteer

Clients trade through a limited company which makes approximately £100,000 a year. The company also owns farmland with a potential gain of about £10m if planning permission is granted. The clients...

Three partners intend to acquire an old house which is currently subdivided into four flats. They plan to renovate the entire property and then sell all four flats separately

A building contractor has not deducted sufficient amounts under the construction industry scheme for several years. The outstanding liabilities are agreed, but is relief available under SI2005/2045,...

The grandparents of a family have created an extensive property portfolio, but potentially there will be a large inheritance tax liability on their deaths and some properties have substantially...

Arctic currents; IFAs and VAT; Loan account; Maintenance charges

Hansard, 5 November 2012, vol 552, no 63, col 444W

New HMRC systems help reconcile information

Rag trade targeted; IHT forms; ISA bulletin; Pay up!

Basic rate on trivial commutation in hope to assist low-paid

Award recognises advocacy of joint initiative on service delivery

CIOT: 'on or before' requirement will increase costs