Issue: Vol 172, Issue 4431

The importance of dealing with VAT issues before a deal is agreed between multiple parties

Benefits of incorporation when succession planning

There is no workable set-up without efficient administration

Making use of the alternative dispute resolution process

...New share issue; VAT on premium

A music teacher has a business turnover of £60,000 a year. He has a studio equipped with musical instruments that he hires out. If his turnover exceeds the VAT registration limit, to what extent might...

A partner in a farming partnership has died and the agreement states the partnership must come to an end, but the two remaining partners are continuing to carry on the business, sharing profits...

A whisky collection has been built up over 20 years and is about to be sold. The owner believes the value is no more than the sum of the individual bottles

A flat management company owns the freehold of two houses divided into eight flats. Originally, six of the lessees owned shares in the company, but the other two have now also purchased shares. The...

HMRC guidance on the gift aid small donations scheme in relation to mergers of charities or community amateur sports clubs (CASCs) does not include specific reference to time limits – but they exist...

Leased cars

HMRC have announced plans for paperless self assessment (SA), which will see online filers receive all official communications electronically. The Revenue received 7.65m digital SA submissions in...

HMRC have announced new fuel rates for company cars (below), to be applied to all journeys on or after 1 December 2013 until further notice. Employers may use either the previous or new figures for...

HMRC have made progress in improving their end-to-end mail strategy, particularly bulk mail, the department has announced. It has changed the dating conventions on the self assessment statement of...

Smart Polymers Ltd (TC2987)