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72
Investment trust company guidance updated
Consultation on draft guidance
OTS moots turnover tax for smallest firms
Also suggests self-certification process for employee share schemes
Too many questions
Seascope Insurance Services Ltd (TC1664)
Individual treatment
Farnell Electronic Components Ltd (TC1440)
Unlocking dividends
Is the draft legislation on capital distributions really the key to consistency, asks PETE MILLER
In the red
KEVIN READ goes back to basics with a look at corporate and income tax aspects of directors’ overdrawn loan accounts
Getting tagged
ANITA MONTEITH considers the practical problems when using iXBRL to file company accounts and tax returns
Dismay as ESC C16 is given legislative effect
SI will impose significant burdens, claim tax bodies
Value or undervalue?
Advice is required on the valuation of shares in a new holding company formed for a management buyout
Account owing
Advice is sought regarding directors’ overdrawn loan accounts and liabilities under CTA 2010, s 455
Indian tax victory for telecoms giant
Vodafone not liable for £1.4bn on joint venture deal
ESC C16 enters legislation with £25K cap
Dissolutions: limit set on shareholders’ distributions
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NEWS
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New allowance for pensioners on new state pension and interest and property rates raised
Outstanding high income child benefit errors
Heightened scrutiny of billionaires planned by HMRC
Profit and loss reporting for small companies paused
Deadline dates for November 2026
DEADLINE DATES
Deadline dates for November 2026
CASES
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Lack of alternative evidence to support input tax
Taxpayer allegations of bias bound to fail
Taxpayer unable to prove trading purpose
Fact that English was not first language was no excuse
Substation had a self-standing commercial function
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This week's opinion: 5 November 2026
First thoughts on the 2026 Budget
Suspended penalties for careless behaviour
Rollover relief quirks
VAT fund management guidelines