Down on the farm
As well as being governed by the normal loss relief rules for trading businesses, additional rules apply in respect of f...
Personal tax
Personal tax
What does Simplification mean?
The Office of Tax Simplification held a conference on 28 February, to discuss its current programme of work, where it mi...
The dawn of WRIT
Slowly, but surely, the political devolution of the UK is being reflected in the UK tax system.
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Latest briefings
Links in a chain
It’s just over a decade since the arrival of Bitcoin and the cryptocurrency frenzy, and even the most passionate advocat...
Year end planning
Income tax Individuals with total income in excess of £150,000 pay the additional rate of income tax, currently 45% (46...
Careful consideration
In the article ‘Regular Review’ (Tax Adviser, December 2018), I briefly considered the concept of domicile, noti...
CGT planning for farms
CGT is often forgotten when dealing with the affairs of a deceased though its impact can be considerable when, for examp...
Long walk to tax freedom
Background When I worked at the Tax Law Rewrite Project at the turn of the millennium, one of the targets for simplific...
Critical importance
There’s widespread acknowledgment that the guidance produced by HMRC is of critical importance in reducing the complexit...