Weekly Tax Update - 16 May 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 Mondaq.com.

In this week's tax update: 


  • Resolution Foundation issues far-reaching report
  • Enablers of tax avoidance
  • Tax avoidance schemes: Accelerated Payment Notices
  • HMRC updates non-statutory guidance clearance

Private client

  • Simple assessment and dynamic PAYE coding
  • CA finds that reasonable excuse cannot not apply to non-mandatory provisions

Trust, estates and IHT

  • Trusts Registration Service (TRS) – unregistered pension schemes
  • Trusts Registration Service (TRS) – IHT

PAYE and employment

  • Employment income or compensation?
  • Ex gratia payment partially exempt for injury to feelings

Business tax

  • Dealing in shares and financial instruments was trading with a view to a profit
  • FTT strikes down SDLT sub-sale scheme
  • Consultation on potential reliefs from LBTT
  • Consultation on revisions to the transfer pricing guidelines


  • Distance selling - place of supply if customer arranges for transport
  • Input tax recovery in relation to an attempted strategic takeover
  • Are hire-purchase agreements taxable supplies?

Download the PDF newsletter

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 2018.

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