Issue: Vol 157, Issue 4064

Football is now operating on a truly global level. MARTIN DAWSON examines the implications of this.

BRIAN LAWLESS reviews the latest guidance from HMRC on the deductibility of pension premiums paid by a limited company.

MIKE TRUMAN finds parliamentary understanding of the trust fiasco — but in the wrong house.

EMMA CHAMBERLAIN updates readers on immediate post-death interest in light of recent Treasury changes.

RICHARD CURTIS wonders if HMRC and tax practitioners can learn from some recent 'zugzwangs'.

Correspondence from readers on topical subjects

My client purchased plant and machinery for £100,000. He was entitled to first year allowances and I duly claimed £40,000 in the year of purchase. In the second year he sold these assets for £90,000....

Dr Watson is self employed in a medical practice, where all patients are seen in the practice surgery. He has also a room at home, set aside as a study (though not exclusively so), which he uses for...

We have a client who is the owner and director of a trading company. For several years he has been paid a salary of about £5,000 p.a. and has received dividends of £42,000 p.a. There are no other...

Last year, my client started a business repairing lawnmowers. A nearby garden centre has also undertaken such work for many years, but the owners — who are old friends of my client — have apparently...

Author: Mike Thexton. Published by Lanista Partners. Available direct from www.hippyman.com, £17.99

VAT conference held jointly by Essex Court Chambers and Pump Court Tax Chambers.

Reported by KEITH GORDON MA, ACA, CTA, barrister.

Speakers quoted: