Issue : Vol 188, Issue 4812

Serious and informed reporting required

Target on enablers

Room 101 – visit two

Working up a sweat

Comings and goings

Don’t get caught out!

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 and wife. It is a...

Is a health care cash plan a non-taxable benefit?My client is a large employer of around 400 staff that is proposing to provide a health care cash plan as a benefit to its employees in reclaiming some...

Dividends to clear overdrawn directors’ loan accounts.Last year I purchased a block of clients from another local accountant who had recently retired. The practice was generally well run, and I...

Error made with the 12.5% VAT rate.I read Neil Warren’s recent article in Taxation (‘Fourth rate’, 26 August 2021, page 14) about the new 12.5% rate which took effect for most...

Bare trusts Reporting requirements for a bare trust. My client and her husband have recently moved out of a jointly-owned home which served as their only residence since its acquisition some decades...

As a result of changes introduced in October 2020, trustees and agents of trusts registered on the trusts registration service are currently obliged to update details relating to their trusts within...

The Pandora papers leak has put the HMRC on high alert to investigate tax affairs of those who have made use of offshore tax arrangements, according to the law firm RPC.Adam Craggs, partner and head...

Recent statistics indicate that the overall tax take HMRC received in the year to 31 August 2021 increased by more than £105bn year on year, says tax and advisory firm Blick Rothenberg.Robert...

Government figures show residential property transactions in August 2021 totalled 93,000, 20.8% higher than August 2020 and 32% higher than July 2021, however this was following a significant dip in...