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Meeting Points
MATTHEW HUTTON MA (Oxon), CTA (fellow), AIIT, TEP reports highlights of IBC's Capital Taxes Conference held in London on 9 June 2004.
MATTHEW HUTTON MA (Oxon), FTII, AIIT, TEP reports an IBC conference 'HINWIs 2002 - Essential Onshore and Offshore Tax Advice for Private Clients and their Advisers' which took place in London on 28 May 2002.
Sections 739 and 740: no remittance basis?
Readers' responses to recent items in Taxation.
Lost returns
I was interested to read Mike Down's item in Taxation, 9 May 2002 at page 163 on lost tax returns. I too have come across these letters — one arrived in the post on the same day as the repayment arising from the apparently mislaid return!
A change of practice by the Revenue's Stamp Office is that one can no longer include a certificate of value in a separate piece of paper which is attached to a document or indeed in covering correspondence.
Author's advance
I see that the replies to a query about an author in the issue of 14 September 2000 at page 629 did not mention VAT. The query concerned advances paid to the author which would be partly repayable to the publishers if sales of the forthcoming book did not reach a specified level. The damage from failing to appreciate the need to register for VAT could be both greater and more immediate than the direct tax points discussed.
