This publication is from our archive and no action should be taken in reliance on it without specific legal advice. You can see our latest publications here. Tax Aware Issue 6: July 2018 Post Innovation in the Tax System Publications from the Office for Tax Simplification ("OTS") often lead to changes in UK tax law... The recent Business Lifecycle Report looks at key events in the lifecycle of a business and considers the 'complex patchwork' of tax charges and reliefs that occur at different stages in a business's life. Post Pimlico Plumbers Ltd v Smith The Supreme Court in Pimlico Plumbers Ltd v Smith [2018] UKSC 29 held that a heating engineer whose contract described him as self-employed was actually a 'worker' which entitled him to certain rights of an employee. Post New rules aim to catch professionals and traders moving profits out of the UK Under a recent consultation, the government has set out its proposals for new legislation to tackle tax avoidance arrangements where UK traders and professionals use offshore structures to place profits outside the scope of UK taxation. Post SDLT: Supreme Court confirms effectiveness of HMRC's tools to defeat "schemes" The Supreme Court judgement in Project Blue has been eagerly awaited. Whilst the detail of the case is largely of historic interest, it has provided guidance on the scope of the broad SDLT anti-avoidance rule in section 75A Finance Act 2003. Post The decision in Robert Ames v The Commissioners for HMRC [2018] UKUT 0190 (TCC) The Enterprise Investment Scheme ("EIS") is a government-approved scheme designed to encourage investment in start-up and early stage UK companies. Post Employee Share Plans – What are the Options? Faced with the prospect of Enterprise Management Incentive ("EMI") plans not being approved by the European Commission, for a period of around one month, many of our clients were concerned with how they would be able to incentivise their key people through tax efficient equity plans. Post Kyte – how to treat HMRC assurances that fall short of a contractual agreement Taxpayers may settle tax disputes with HMRC by way of contractual agreement and the normal rules of contract law govern whether a binding agreement has been reached. However, the High Court's judgment in Kyte v HMRC [2018] EWHC 1147 (Ch) is a reminder that even when a taxpayer believes a dispute with HMRC has been settled, issues can sometimes still arise. Subscribe Never miss a publication by signing up to our mailing list Subscribe Tax Aware: Subscribe
Post Innovation in the Tax System Publications from the Office for Tax Simplification ("OTS") often lead to changes in UK tax law... The recent Business Lifecycle Report looks at key events in the lifecycle of a business and considers the 'complex patchwork' of tax charges and reliefs that occur at different stages in a business's life.
Post Pimlico Plumbers Ltd v Smith The Supreme Court in Pimlico Plumbers Ltd v Smith [2018] UKSC 29 held that a heating engineer whose contract described him as self-employed was actually a 'worker' which entitled him to certain rights of an employee.
Post New rules aim to catch professionals and traders moving profits out of the UK Under a recent consultation, the government has set out its proposals for new legislation to tackle tax avoidance arrangements where UK traders and professionals use offshore structures to place profits outside the scope of UK taxation.
Post SDLT: Supreme Court confirms effectiveness of HMRC's tools to defeat "schemes" The Supreme Court judgement in Project Blue has been eagerly awaited. Whilst the detail of the case is largely of historic interest, it has provided guidance on the scope of the broad SDLT anti-avoidance rule in section 75A Finance Act 2003.
Post The decision in Robert Ames v The Commissioners for HMRC [2018] UKUT 0190 (TCC) The Enterprise Investment Scheme ("EIS") is a government-approved scheme designed to encourage investment in start-up and early stage UK companies.
Post Employee Share Plans – What are the Options? Faced with the prospect of Enterprise Management Incentive ("EMI") plans not being approved by the European Commission, for a period of around one month, many of our clients were concerned with how they would be able to incentivise their key people through tax efficient equity plans.
Post Kyte – how to treat HMRC assurances that fall short of a contractual agreement Taxpayers may settle tax disputes with HMRC by way of contractual agreement and the normal rules of contract law govern whether a binding agreement has been reached. However, the High Court's judgment in Kyte v HMRC [2018] EWHC 1147 (Ch) is a reminder that even when a taxpayer believes a dispute with HMRC has been settled, issues can sometimes still arise.