February 11, 2022
DeFi and staking: clarity on the tax treatment
On 2 February 2022, HMRC released a much anticipated and needed update to its...
February 10, 2022
Deductibility of defence costs: Rogers
One of the main criteria for deducting an expense in computing taxable profit of...
February 7, 2022
Tax rate: a world record? Marriage Allowance
What’s the highest tax rate you’ve encountered? 45%? 50%? The 98% rate of the...
February 2, 2022
The BADR oxymoron: activity can be passive
Deafening silences. Open secrets. Exact estimates. And to the secular pantheon of oxymorons we...
January 28, 2022
Double-bubble Gift Aid: its availability and its limitations
Tax law encourages donations to charity. Where the qualifying conditions (which are not very...
January 24, 2022
VAT on holiday accommodation
You don’t charge VAT on residential lettings, right? So that’s one thing residential landlords...
January 19, 2022
Strategic decision: remuneration trusts
At best, a tax avoidance scheme works. At second best, it doesn’t work, but...
January 10, 2022
Alternative finance for businesses: exploring your options
The past decade or so has been a rollercoaster for lending to small and...
January 5, 2022
Avoiding penalties: Portview Fit-Out
If a tax avoidance scheme which you have implemented fails to achieve its objective,...
January 4, 2022
The tax-efficient benefits of electric company cars
Writing for ICAEW TAXline, Sam Inkersole explains how electric company cars offer a favourable...
December 14, 2021
Metropolitan International Schools: record decision
The First-tier Tribunal case of Metropolitan International Schools Ltd [2021] UKFTT 438 (TC) was...
December 3, 2021
Rules is rules: VAT input tax requirements
Mpala Mufwankolo ran a pub in Tottenham, renting the property from a landlord who...