There was a strange silence on the subject of income shifting in the Budget speech. ANDREW HUBBARD puts on his deerstalker hat and investigates the reason for this. Why was no warning given?
Have the latest tax proposals simply taken us back to a place where we were last year or has progess been made? FRANCESCA LAGERBERG makes some route-planning suggestions
If you disagree with the fundamental approach taken to income shifting taken by the Government, what do you believe their reaction should have been to the decision in the Arctic Systems case?
In situations where income shifting has occurred, are you aware of any practical problems that business owners may have in making their self assessment returns correctly? If so, in what ways can the Government mitigate these problems?
The Government has published draft legislation and guidance on income shifting. ANNE REDSTON provides an overview and suggests that a complete change of approach is required