Recent tax case law has brought out some interesting points on how the Courts view operational issues. 1. Tax avoidance schemes associated with the film industry seem to follow inevitably (with various complications) from the …

A recent case on trading losses could have implications going forward as it was found that, in the specific circumstances, losses from an acquired trade could be used against profits from the existing trade. The …

I note commentary in Taxation approving of ‘High Tech’ solutions. This would encompass (I gather) everyone signing up to the ‘Cloud’. Technology is wonderful. BUT: Some points. They are meant for debate, and I certainly …

Two changes were announced in the Autumn Statement to the treatment of goodwill on incorporation, which had immediate effect from 3 December 2014. These were as follows: Entrepreneurs’ Relief is no longer available on a …

A recent case was heard at the First-Tier Tribunal regarding the conflict between commercial decisions and tax avoidance motives (A Fisher, S Fisher, P Fisher  v HMRC).  It can clearly be seen that legally reducing …