Participator loans: a rare GAAR success
HMRC have now made nearly two dozen referrals to the advisory panel (‘the Panel’) established under the General Anti-Abuse Rules (‘the GAAR’). Until recently, the
Successful but stuck? It’s time for a strategic boost
Given the energy it takes to run a growing business and the amount of work that the typical owner-manager has on their plate on any
Discovery assessments: too quick off the mark
After a self-assessment return has been filed, there is an ‘enquiry window’ (in most cases one year) during which HMRC may enquire into it. Once
Taxation Feedback: Gifts with reservation
Writing for Taxation magazine, BKL tax consultant Terry Jordan comments on an earlier article concerning gifts with reservation of benefit (GROB) and the valuation rules
Taxation Readers’ Forum: Encashment of life insurance bond
Writing for Taxation magazine’s Readers’ Forum, BKL tax consultant Terry Jordan responds to a reader’s query about the tax treatment of beneficiaries in respect of
Taxation Readers’ Forum: Family partnership in nursery business
Writing for Taxation magazine’s Readers’ Forum, BKL tax consultant Terry Jordan responds to a reader’s query about the tax implications of a family partnership in
Tax Dispatch: August 2022
Welcome to Tax Dispatch: the latest roundup from BKL’s tax experts. In each issue we cover a different specialist area of tax, while highlighting some
Introducing the Register of Overseas Entities
The Economic Crime (Transparency and Enforcement) Act 2022 means changes for Companies House and those who use its services (as summarised in our previous article).
Tribunal’s mistake as to HMRC’s ‘mistake’: quantification of penalties
The case of William Aggrey [2022] UKFTT 200 (TC) raises an important point of wide interest: albeit one that was not mentioned by the Appellant,
