Issue : Vol 188, Issue 4809

Concept of avoidance is at odds with reality

Legislating in a vacuum

Having your cake and eating it

Farming property transformation

Home and away

Reporting a property disposal made by a trust.

Loan charge on new owners seeking repayment.

Using the making tax digital exemption for income for partnerships.

Dealing with reverse charge on subcontractor invoice.

Share valuation Calculating the value on a share disposal to employee. I am considering the possible share value for 24% of the ordinary shares in a very small company owned and managed by a husband...

 The UK tax gap for 2019-20 was estimated to be £35bn, which is 5.3% of theoretical tax liabilities, according to HMRC's latest analysis. This is a small increase from 2018-19 when the...

Mid-market businesses should prepare for a flood of letters from HMRC as furlough draws to a close and the government looks to recoup a suspected £7bn of fraudulent or erroneous coronavirus job...

Earlier this year HMRC issued assessments to taxpayers in respect of offshore tax disclosed using the worldwide disclosure facility, following the introduction of the requirement to correct (RTC)...

Agent Update HMRC has published Agent Update 88.CaravansInformation on the reduced rate of VAT for tourism and hospitality has been added to VAT Notice 701/20: Caravans and houseboats.Tax...

S Ogborn (TC8263)