Issue: Vol 173, Issue 4453

The latest attempt to clarify statutory renewals allowance issues

A practical look at the tax treatment of gains by offshore trusts

A husband and wife own several residential investment properties in their joint names. The houses are scattered across a wide area. Another client owns properties in London, but lives outside the...

Two medical practitioners trade through limited companies. One obtains all of his work via an agency, while the other also obtains some directly from an NHS hospital, albeit infrequently

Director A owns 16% of the shares of a trading company. The fortunes of the company have declined and she intends to resign and to gift shares to the other shareholders and directors. Director A would...

Following the retail distribution review, a separate fee is paid to financial advisers for their investment advice. This may be shown as an “initial charge” and not included in the full costs of an...

Corporate developers; VAT set-up; B&B business; Favoured FX position

Work history HMRC ask that taxpayers help keep department phone lines clear by refraining from calling for employment history request updates before the 40-day deadline. Toolkits HMRC have updated...

HMRC should design all future services with agents in mind, says review

HMRC have improved the information and supporting guidance on the business tax dashboard PAYE screens in light of taxpayer feedback. The main changes can be seen on both the service’s “current...

HMRC have sent letters intended to discourage taxpayers’ use of avoidance measures. The taxman wrote to those whose names appeared on client lists of schemes for the period October 2013 to December...

WKF McPherson (TC3456)

Mercedes-Benz Financial Services UK Ltd v CRC, Upper Tribunal (Tax and Chancery Chamber)

Turgat Karandal (TC3455)

S Corbett (TC3435)