Promotors of tax avoidance schemes (POTAS) update
We recently met HMRC to discuss working with them on communicating messages to tax agents about how the POTAS legislatio...
Draft FB 2015: restriction of reliefs on disposal of goodwill to related companies
The CIOT has commented on the draft Finance Bill 2015 clauses on the denial of entrepreneurs’ relief (ER) for disposals ...
Draft FB 2015: protection of persons making voluntary disclosures
The CIOT has commented on the proposed FA 2004 s 316A on the protection of persons making voluntary disclosures, or ‘DOT...
Draft FB 2015: clarification – but not as we know it
The CIOT and the ATT responded to the draft legislation on the use of fixed rate deduction for use of home that was publ...
Reform of close company participator rules
It was announced in the Autumn Statement 2014 that the government has completed its review into the tax charge on loans ...
Proposed new rules for dismembering and resolving enquiries
The Autumn Statement included the announcement that the government would ‘consult on a proposal to introduce a new power...
Prohibition of corporate members of LLPs
Readers may recall that earlier this year a discussion paper was published by the Department for Business Innovation, an...