In this issue, Mark McLaughlin looks at the tax treatment of forfeited deposits under contracts to buy properties, Joseph Eloi explains the need for a roadmap from HMRC and Neil Warren gives practical examples of how a recent change in the interpretation of the law by HMRC will affect clients.
Access 2022 editions of TAXline, the Tax Faculty's monthly magazine, providing analysis from experts on a range of tax issues, including VAT, inheritance tax and Making Tax Digital, as well as practical tips for practitioners, important deadlines and dates and the latest news from the faculty.
In this issue, Anita Monteith explains the language of climate change, Caroline Miskin explains the fast-approaching deadline to register non-taxpaying trusts and Randeep Dhaliwal discusses R&D tax relief for subsidised expenditure.
In this issue, Lindsey Wicks questions whether HMRC needs to look beyond digital record keeping, John Endacott provides case studies that examine the tests when starting a furnished holiday letting business and Richard Jones provides a high-level explanation of the proposed OECD rules.
In this issue, Julie Butler examines the tax rules and guidance around woodland carbon units, Neil Gaskell looks at why VAT is now due a major overhaul and Neil Warren gives practical examples of when supplies of services to an overseas customer are still subject to VAT.
In this issue, Anita Monteith considers how tax policy levers can affect the most polluting sectors, Angela Clegg outlines changes scheduled for April 2022 and Mark McLaughlin points out some important exceptions from the inheritance tax gifts with reservation rules.
In this issue, Graham Steele and Will Simpson take a deeper look at the Autumn Budget changes, Lindsey Wicks examines the industry around stamp duty land tax multiple dwellings relief claims and Andrew Cockman reviews the Court of Appeal decision in HMRC v Fisher  EWCA Civ 1438.
In this issue, Frank Haskew look back at the previous year and predicts what is in store for the months ahead, Mark McLaughlin offers some useful inheritance tax planning points and Richard Jones explains what QAHCs are and how they are taxed differently to other UK companies.