Permanently temporary
‘Under this proposal, on the 5th April 1860, the income tax will expire.’ These are the words of William Gladstone in 18...
Features
Features
Interesting inequalities
The legislation for employment-related loans is contained in ITEPA 2003 Pt 3 Ch 7, and determines when one is a taxable ...
Deductible relationships
A UK tax resident company has borrowed, so has a loan payable amount. Interest accrues on the loan.
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Trusted solution
A settlement, or trust, is an arrangement where an individual, the settlor, transfers property to trustees....
The interest ratio
One action from the G20/OECD Base Erosion and Profit Shifting project – Interest Restrictions (action 4) – potentially a...
Emotional distress
On 19 March the chancellor announced a review of deeds of variation in his crackdown on tax avoidance....
Deal or no deal
It is often the case that a tax dispute is resolved between HMRC and the taxpayer by mutual agreement; that is, without ...
Flexible friend
Historically, mere mention of pensions left the listener glazed over, searching for anything else to talk about....
Adapting to new realities
This article discusses the latest trends and developments in indirect tax around the world and what business leaders sho...
Substantive appeal
Trade is defined by ICTA 1988 s 832 in broad and circular terms as including ‘every trade, manufacture, adventure or con...