Number of HMRC investigations into IR35 trebles in matter of months

Number of HMRC investigations into IR35 trebles in matter of months

• 193 new investigations in less than a year HMRC has cranked up its crackdown on suspected IR35 abuses, opening 193 new IR35 investigations in the first half of this tax year* – treble the 59 IR35 investigations HMRC opened in the whole of the previous year according to a study we have taken out.. Read more

SSP2 Go Live!

SSP2 Go Live!

By Toby Harris On 30th January 2013 Senior District Judge Waller issued a Circular which, though brief, is of fundamental value to all will writing practitioners in England and Wales.  His communication showed that the second edition of the STEP Standard Provisions (“SSP2”) had been lodged with him and had been accepted by him as. Read more

HMRC enquiries: Reopening earlier years

HMRC enquiries: Reopening earlier years

Mark McLaughlin discusses the ‘presumption of continuity’, its application and possible limitations.   Those who regularly deal with HMRC enquiries into the tax returns and accounts of sole traders and partnerships in particular may well have come across the ‘presumption of continuity’ (sometimes known as ‘spreading’), possibly without realising it. Presumption of continuity For example,. Read more

Private residence disposal: CGT or trading income?

Private residence disposal: CGT or trading income?

Mark McLaughlin discusses a recent case in which HMRC challenged CGT treatment. In the vast majority of cases, it is taken for granted that the disposal of an individual’s only or main residence is a capital transaction, and is eligible for exemption from capital gains tax (CGT) due to the availability of ‘principal private residence’ (PPR). Read more

What's New? Ray & McLaughlin's Practical Inheritance Tax Planning: 11th Edition.

What's New? Ray & McLaughlin's Practical Inheritance Tax Planning: 11th Edition.

“…it continues to be as fresh and stimulating as its original publication, but with the added benefit of the seasoned maturity that comes with age… an excellent reference work demanding prime position in the technical library of the seasoned IHT practitioner.”  STEP Journal, 2012 Widely recognised as one of the leading titles in the field,. Read more

BLOOMSBURY TOPS IPG’S 2013 INDEPENDENT CHAMPIONS!

BLOOMSBURY TOPS IPG’S 2013 INDEPENDENT CHAMPIONS!

Champions! At the IPG Awards last night in Chipping Norton, Bloomsbury came away with the top prize in what was a fantastic evening. Not only that, but we also won another! As part of the Academic and Professional division of Bloomsbury – which has grown rapidly over the last few years, both organically and through. Read more

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