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As globalisation has continued apace in the early 21st Century, peoples’ lives in the Caribbean region have been transformed by the digital revolution: changing how they buy goods and services and

It’s true. When Richard Branson decided to start a business, it wasn’t so he could claim £10 million of Entrepreneurs’ Relief when he sold it 10 years later.

Historically, non-residents have been generally exempted from capital gains tax in respect of UK assets, with the key exception being in certain cases where the non-resident has carried on a busine

Many readers will know that I question HMRC’s optimistic view that MTD will significantly reduce VAT errors when it is introduced next year.

Thankfully from a complexity perspective, FA 2003 s 75A (s 75A) only applies to SDLT and there are no equivalent provisions under Welsh land transaction tax or Scottish land and buildings transacti

The last few years have brought a fair number of appeals against closure notices or discovery assessments issued by the Revenue assessing gains realised on the disposal of residential property.

HMRC’s ability to assess additional income tax and capital gains tax (CGT) is restricted by statutory assessment time limits (TMA 1970, s34, s36, s37A and s40) in the absence of open self assessmen

Where a UK corporate debtor makes payments of yearly interest to, among others, non-UK creditors, the debtor will be required to withhold an amount representing UK income tax (currently at a rate o

We wrote in the May 2017 issue of Tax Adviser (‘HMRC Information Powers: On or off the record?’) about the information powers that HMRC has available to it under F

Issues for low income taxpayers

This year marks the 20th anniversary since the Low Incomes Tax Reform Group (LITRG) was set up by John Andrews (then President of the CIOT) as an initiativ