Following the Autumn Budget 2021, HM Treasury and HMRC published a collection of consultations, calls for evidence and other documents related to tax administration reforms and tax policy development on 30 November 2021. This article, published by Lexis Nexis on 30…
This article was first published by Lexis®PSL on 15 November 2021. Private Client analysis: This case involved an appeal against the denial by HMRC of private residence relief (PRR) from capital gains tax on the gain made on the sale of…
The Autumn Budget provided much-needed clarity on the final shape of a new Residential Property Developers Tax (RPDT), set to come into force from 1 April 2022. This briefing continues from our previous article on RPDT which you can access…
The government has recently published draft legislation and guidance for a new tax, expected to be included in the 2021-2022 Finance Bill. Residential Property Developers Tax (RDPT) will be charged on the profits of companies carrying out ‘residential property development’ from…
This article was first published by Trusts & Estates Law & Tax Journal in September 2021. Trusts are often misunderstood in the UK with the perception that they are a tool to evade tax and that their use is limited to…
Britney Spears’s ongoing legal battle against her father for control of her own affairs has brought the pop star back into the headlines. Fans have rallied behind the singer with the hashtag #freebritney. As the court case continues, questions have…
The judgement in Clitheroe v Bond (2020) breathes new life into the Banks v Goodfellow test but also highlights the difficulty in the application of any defined test when it comes to matters of mental capacity. The case also highlights…
As part of a wider system of reforming taxation HM Revenue & Customs (HMRC) is gradually implementing changes to move tax reporting online. The digitisation of HMRC reporting, combined with more stringent anti money laundering rules and demands for transparency…
Our first ‘Tax Day’ has been and gone. Despite the hype there was little to get excited about. This briefing contains a summary of the key announcements and policy initiatives. It may appear that there is little of interest in…
The March 2021 Budget extended the Stamp Duty Holiday which will now end on 30 June 2021 with a further transition period for the nil rate band. This briefing explains the changes made to Stamp Duty Land Tax (SDLT) during…
