Issue: Vol 173, Issue 4446

A mistake made in good faith will more likely gain acceptance from the First-tier Tribunal than from HMRC

Advisers can be reassured by the Court of Appeal’s judgment in Mehjoo

VAT implications of new planning opportunities for barn conversions

Consequences for income tax when a new shareholder acquires nil or partly paid shares

Siblings and rent; Tax treatment; Trust connections; Wind issues

A property development company has substantial trading losses at the end of its first accounting period. In the second accounting period, no trading activity took place and the losses were simply...

In 2002, a sole trader transferred his business to a limited liability partnership with a corporate partner. The company’s profit share pays for a small salary to the trader and generates entitlement...

A charity that is not VAT-registered is considering a building project using a VAT-registered trading subsidiary

A company paid tax under CTA 2010, s 455 in respect of directors’ overdrawn loan accounts. The loans were repaid in full shortly before a liquidator was appointed in connection with a members’...

Charge for non-residents HM Treasury has launched a consultation of its approach to introducing a charge on non-residents disposing of UK residential property. The charge is expected to come into...

Administrators can report transfers of sums and assets from UK-registered pension schemes to qualifying recognised overseas pension schemes (QROPS) using the online service launched in December. But...

A retooled notification of vehicle arrivals (NOVA) regime is set to come into effect today (1 April), with changes focusing on notifying HMRC when the intention of the ultimate use of a vehicle is...

Physiotherapists, chiropodists and other health professionals have only a few days left to tell HMRC about income they have kept secret. They must reveal details of unpaid tax by 6 April and settle...

The government abolished income tax relief for payment of patent royalties in December 2012 after HMRC found no evidence of any use of the break that was not for the purpose of avoidance. Despite the...

DMWSHNZ v CRC, Upper Tribunal (Tax and Chancery Division)