Making Tax Digital and VAT: further extensions for some firms
Earlier this year, we commented on an HMRC update to the ‘soft landing period’...
Accelerated payment notices and Eclipse: HMRC Locked out
The Court of Appeal have quashed follower notices (“FNs”) and accelerated payment notices (“APNs”)...
BlackRock and a hard place: financial services, VAT and the reverse charge
Many businesses in the financial services sector are unable to recover VAT because they...
Structures as plant: SSE Generation Ltd
Since the Annual Investment Allowance (“AIA”) limit was increased to £1,000,000 (until 31 December...
Taxation Readers’ Forum: At your discretion – offshore bonds and IHT
Writing for Taxation magazine’s Readers’ Forum, BKL tax adviser Terry Jordan answers a reader’s...
Chargeable benefit: tax advantages of electric and low emission vehicles
Updated: January 2022 The Government have sought for a number of years to incentivise...
The Higgins hotel hassle, Chapter 3: CGT and off-plan purchases
David Whiscombe comments on the limits of Main Residence exemption. Broadly, you get full...
Received wisdom: Receipts basis for employment income
Writing for Taxation magazine, BKL consultant David Whiscombe examines tax on employment income for...
A Fortnight in Fintech: Libra, Hong Kong, FCA and OneCoin
Where finance meets technology, interesting things continue to happen. As ever, cryptocurrency is a...
Dwelling on capital allowances: claiming on residential property
Hora Tevfik v HMRC was a recent case about capital allowances for Houses in...
Intermediaries legislation (IR35): Christa Ackroyd Media Ltd v HMRC
Writing for Lexis®PSL, BKL consultant David Whiscombe examines the concept of control under the hypothetical contract...
Why do HMRC require self-assessment returns?
You might have thought that the question of why HMRC require people to file...