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Issue: Vol 166, Issue 4267
6 Aug 2010
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IN THIS ISSUE
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2
An argument of substance
VICTOR CLARENDON warns that tax jurisdictions are looking for substance and not just the figment of a tax planner’s imagination
Tipping the scales
ANNE REDSTON has advice for those who don’t want to become employees by mistake
A hard drive
JONATHAN LEVY and DANIEL HEMMING look at what happens when HMRC try to seize a taxpayer’s computer
Short and sweet
RICHARD CURTIS reviews the first debate in the House of Commons of the June 2010 Finance Bill
More reasonable claim
'Valentine Homes victory is pyrrhic'
Double donor
Case challenging St Dunstan’s decision was recently heard
Date of purchase
A father provided funds for his children to buy a property and has since died. Is it possible to argue that the property was held on trust for him?
Dropping the pilot
If property is left by will into an existing interest in possession pilot trust, will it qualify as an immediate post-death interest?
All gone quiet
If HMRC have undertaken a compliance check, found some discrepancies, but have not raised any further liabilities, when does the time to do so run out?
Time for a change
If a taxpayer thinks that they have been using the wrong VAT flat rate scheme percentage, and have paid too much tax, can a repayment claim be made?
New queries, issue 4267
Valuation of farming land; cross-border Irish VAT registration; rollover relief on let properties; gifting a property subject to a charge
Limited liability partnerships
Relief can be obtained by offset against partners’ other income
Aim to enhance UK’s competitiveness
Proposed reforms to foreign branch regime and CFCs
Associated companies proposals
Treasury plans to simplify rules
Child trust funds
Explanatory memorandum
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READERS'
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Tax tip: Employee share awards and internationally mobile employees in the UK
Readers’ forum: Tax treatment of compensatory payment
Readers’ forum: Extending a business trip for private holiday
Readers’ forum: Difficulty of trying to prove a negative
Readers’ forum: Is there VAT on late payment interest or is it extra rent?
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