Domicile may determine not only how a person is taxed in the UK, but also how an individual’s estate passes on death. How is domicile determined and what issues can impact an individual’s tax status?
As HMRC increases the number of assessments made under the managed service company legislation, we consider what exemptions can apply to those offering advice and services to contractors.
We consider what constitutes a temporary workplace and the significance that expectation plays in determining whether related expenses attract tax relief.
We examine three recent cases on the capital gains tax treatment of lost deposits – Hardy, Lloyd-Webber and Drake – which discuss the failure of the relevant capital gains tax legislation to reflect economic reality.
The definition of connected persons is complicated, and becoming more so as our social norms evolve. With marriage and civil partnership at the heart of the rules, not all families fall neatly into the legal classifications.
In the case of two twins with contrasting fortunes, the First-tier Tribunal considers the ‘exceptional circumstances’ rule in the statutory residence test.
