2 February 2018

Weekly Tax Update 31 January 2018

Welcome to Tax update, which provides a round-up and explanation of the latest tax issues
UK Tax
To print this article, all you need is to be registered or login on

This weeks highlights:

1 General

1.1 HMRC's updates to penalties regime

1.2 Treasury reported to have influenced HMRC's treatment of Amazon

2   Private client

2.1 Were corporate bonds with a provision for conversion into euros QCBs?

2.2 Business Asset Taper Relief rates not available through lack of employment

2.3 CA confirms HMRC's application to strike out appeals against closure notices

2.4 Payment of son's 'wages' not deductible

3 Trust, estates and IHT

3.1 Treasury comments on Trusts Register

4 PAYE and employment

4.1 UT agrees that the taxpayers were all managed service companies

5 Business tax

5.1 EU removes eight jurisdictions from tax havens blacklist

5.2 Apportioning profits in an alternative way was just and reasonable

5.3 AG opinion on claiming cross border loss relief


6.1 Only one VAT rate for a single supply

6.2 Default surcharge – reasonable excuse

7 And finally

Download >> Weekly Tax Update 31 January 2018

We have taken care to ensure the accuracy of this publication, which is based on material in the public domain at the time of issue. However, the publication is written in general terms for information purposes only and in no way constitutes specific advice. You are strongly recommended to seek specific advice before taking any action in relation to the matters referred to in this publication. No responsibility can be taken for any errors contained in the publication or for any loss arising from action taken or refrained from on the basis of this publication or its contents. © Smith & Williamson Holdings Limited 2017.

See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More