Issue : Vol 178, Issue 4569

A look at basis periods.

The tax rate applicable to authorised investment funds in light of the increasingly low rates of corporation tax.

The unduly harsh VAT default surcharge is one to watch out for.

Has HMRC thought through the problems that MTD will present small and micro-businesses and their advisers? 

MTD: why the rush?

The worldwide disclosure facility and its associated clearance process.

How is income from a US S-Corp taxable in the UK?

A registered community society is renting out a flat to repay a loan.

Correspondence from readers on topical subjects.

The date of disposal of land when the contract is subject to a condition.

Salad days; On the hoof; Outstanding issue; Buy-to-let portfolio.

Declarations to be made when using the VAT margin scheme for second hand cars.

The Treasury and ATT urge HMRC to take a less rigid approach.

The new legislation refl ects the complexity.

Period extended for VAT claims on administrative costs.