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There has been another success for HMRC at the First-tier Tax Tribunal in relation to a taxpayer’s domicile status (Shah v HMRC [2023] UK FTT 539 (TC)).

Before the sudden reforms of the inheritance tax rules in March 2006, there was a fundamental distinction between life-interest trusts and discretionary trusts.

More and more is being written about employee ownership trusts and the tax incentives available when establishing them (see ‘Employee ownership trusts’, Tax Adviser, April 2023), not to me

In one ideal world, clients would provide their agents with details of their employment income in a timely fashion.

There are not very many tools in the inheritance tax planning toolbox.

© Getty images/iStockphoto

‘Taxation of income is based on beneficial ownership, not legal ownership.

© Getty images/iStockphoto

This article is largely based on an unfinished work by the late Robin Williamson.

After the wild exuberance of the 23 September Growth Plan, the Autumn Statement was a rather more sombre affair.

Transport is the biggest source of greenhouse gas emissions and accounts for 27% of the UK’s total emissions according to figures published by the Department for Business, Energy and Industrial Str