Issue : Vol 177, Issue 4549

The implications of the First-tier Tribunal’s decision in Gold Nuts.

The surcharges that operate in the UK applying to additional home purchases.

Problems can arise when an activity straddles the boundary between a hobby and a business.

The impact of the new rules that will allow farming profits to be averaged over five rather than two years.

Devolved taxes come to the fore

VAT implications of non UK-based transactions put through UK accounts.

Would a replacement loan still qualify for an inheritance tax reduction?

Café capers; ‘Gypsy’ caravan; Republic relief; Barnstorming

The implications of converting an Irish branch into a subsidiary company.

The tax treatment of compensation for investment portfolio mismanagement.

Statistics at HMRC

VAT flat rate; ISAs; Trusts; RPI; Expenses; Charities

Tax avoidance schemes currently in the spotlight