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Where Taxpayers and Advisers Meet
Tax Articles Filter
What are tax credits?
25/05/2009, by HM Revenue & Customs, Tax Articles - Income Tax

Tax credits are payments from the government. If you're responsible for at least one child or young person who normally lives with you, you may qualify for Child ... Continue Reading

Pinches of Salt and Ha'p'oths of Tar
23/05/2009, by BKL, Tax Articles - VAT & Excise Duties

A warning by BKL Tax about the reliability of advice given by HMRC's helplines.When is a Helpline not a 'Help'line...?Suppose you run a small company. Suppose you ... Continue Reading

New Inheritance Tax Penalties
23/05/2009, by HM Revenue & Customs, Tax Articles - Inheritance Tax, IHT, Trusts & Estates, Capital Taxes

HMRC outlines the new penalty regime as it applies for Inheritance Tax purposes.HMRC has developed one consistent penalty regime for inaccuracies in tax returns ... Continue Reading

Concession C16 - HMRC Not Keen?
23/05/2009, by Mark McLaughlin CTA (Fellow) ATT TEP, Tax Articles - Business Tax

Mark McLaughlin CTA (Fellow) ATT TEP looks at the proposal to give HMRC Extra-Statutory Concession C16 legislative effect.IntroductionAs indicated in my earlier ... Continue Reading

Interest Relief for Joint Loans
17/05/2009, by Mark McLaughlin CTA (Fellow) ATT TEP, Tax Articles - Income Tax

Mark McLaughlin CTA (Fellow) ATT TEP looks at the income tax relief position in respect of joint loans.IntroductionIt is relatively common for married couples (or ... Continue Reading

Volunteers Expenses in the Spotlight
17/05/2009, by Low Incomes Tax Reform Group, Tax Articles - General

John Andrews of the Low Incomes Tax Reform Group (LITRG) highlights problems in the tax and benefits treatment of volunteers' expenses.IntroductionIn its latest ... Continue Reading

Inheritance Tax - Practical Issues
17/05/2009, by Matthew Hutton MA, CTA (fellow), AIIT, TEP, Tax Articles - Inheritance Tax, IHT, Trusts & Estates, Capital Taxes

Matthew Hutton MA, CTA (fellow), AIIT, TEP, Presenter of Monthly Tax Review, highlights a selection of practical issues, involving Deeds of Variation, dispositions ... Continue Reading

Farming Structures: Myth ‘Grazing Licences are Good’
10/05/2009, by Matthew Hutton MA, CTA (fellow), AIIT, TEP, Tax Articles - Inheritance Tax, IHT, Trusts & Estates, Capital Taxes

Matthew Hutton MA, CTA (fellow), AIIT, TEP highlights an important distinction between leases and licences in the context of Agricultural Property Relief for Inheritance ... Continue Reading

VAT Case Round-Up March-April 2009 - II
10/05/2009, by Steve Allen, Tax Articles - VAT & Excise Duties

Andrew Needham of VAT Advisers Ltd highlights a further selection of recent VAT case decisionsTribunal says taxpayer's supplies did not qualify as exempt examination ... Continue Reading