Issue: Vol 173, Issue 4436

Good communication between advisers is vital for clients’ best interests

Should new firms be lining up to claim relief under the R&D and patent box schemes? 

Recent VAT cases’ potential impact on monthly returns and payments

The implications of Finance Bill 2014’s changes to rules for mixed partnerships

Into the future; Rent or trade? Unknown nature; Going, going, gone?

A builder uses the labour-only rate in the flat rate scheme. In October 2013, he invoiced a client £10,000 for zero-rated work on new houses and was paid in November 2013

The only activity of a limited liability partnership is as a property investment business. Tax losses are being carried forward with some reduction by subsequent profits. One of the partners now has...

Private company share sales may include a provision relating to a possible future sale of those shares to a third-party within a predetermined period. In that event, the original shareholder may...

A US national is the beneficiary of a portfolio of US-based investments and trusts. She is resident in the UK and, for some years, has received US rental income from a property that is now being sold...

The HMRC information service on tax avoidance arrangements, Spotlights, has added an update on contractor loan schemes in light of the First-tier Tribunal decision in P Boyle (TC3103). The tribunal...

HMRC have launched a blog aimed at improving the way the department works with tax advisers. The new offering supports the Revenue’s strategy for engaging with tax agents, providing a channel to...

Real time reports amended

HMRC have made updates to the guidance for employers on reporting PAYE information in real time:

Employers who do not pay their workers the national minimum wage (NMW) will face a greatly increased penalty under stricter regulations expected within the next few weeks. Non-compliant firms...

UK taxpayers with hidden assets in the Cayman Islands face scrutiny by HMRC over evasion, tax investigations experts have warned. The Revenue is issuing letters to encourage people it believes hold...

Finance and Business Training Ltd v CRC, Upper Tribunal (Tax and Chancery Chamber)