Issue: Vol 173, Issue 4438

The rejection by the First-tier Tribunal of the taxpayer’s claim in Armajaro Holdings Ltd

An exploratory dip in share pooling for capital gains tax

Automated penalties cannot be said to be determined by an HMRC officer

The case of Samadian highlights the problems with Mallalieu v Drummond

A non-UK resident lives in Singapore, but owns an investment property in the UK and the rental income profit is subject to UK income tax. He also makes donations to UK charities

The taxpayer is a director and 50% shareholder in a limited company operating from one office and a 50% partner in another similar business, trading from a different office three miles away

The father of two grown-up children has purchased their first homes using buy-to-let mortgages. The children reimburse their father for the monthly mortgage payments each month

A UK-domiciled taxpayer worked in Australia for many years, but has returned to the UK. He has an Australian pension fund, which is not subject to tax in Australia but is in the UK

Demerger dilemma What is the most tax-efficient way to demerge a property investment company? A property investment company owns eight properties. The two directors, who are 50:50 shareholders, each...

HMRC have warned of another problem with their business tax dashboard, following the recent month eight error. The latest error means the dashboard is not showing the correct liability position for...

Record filings A record 10.74m tax returns were filed for 2012/13 by 31 January, the highest proportion (93.4%) of on-time submissions recorded. Around 8.48m were filed online, passing last year's...

The practice of Construction Industry Training Board (CITB) levy deduction will no longer be supported by HMRC, the department has announced. The CITB is responsible for promoting vocational training...

HMRC have published Revenue & Customs Brief 3/14 to clarify the definition of the term “student” in connection with the VAT liability of construction works to buildings that are “used for a relevant...

The online filing deadline for self assessment returns has been extended by a fortnight for some taxpayers, it is understood. Tolley Tax is reporting on an automated HMRC email response to a requests...

Almost 1,400 movies have become eligible to claim film tax relief since its inception in January 2007 to buoy UK cinema, according to newly released HMRC figures. Of 1,390 productions, 1,050 have made...