Welcome to Tax update, which provides a round-up and explanation of the latest tax issues.
1. General
- Legislation of three extra statutory concessions
- Updated HMRC guidance on the GAAR
- Making Tax Digital
2. Private client
- Tax issues facing individual partners in the 'Icebreaker' scheme
- Setting aside the directors' decision to convert a loan into shares
3. Trust, estates and IHT
- Probate fees
4. Business tax
- Updated guidance on hybrid and other mismatches
- HMRC guidance on venture capital schemes and permanent establishments
- Draft HMRC guidance on corporate interest restriction
- Interaction of corporate interest restriction rules with accounting standards
- Recovery of overpaid SDRT
- ATED valuation
5. VAT
- Could a golf club access the sports VAT exemption?
- VAT liability of the portion retained from rebates received
- Supreme Court decision on partial exemption apportionment methods
6. And finally
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
