Tax

Brussels IV was intended to let individuals choose one succession law to apply to all their assets throughout the EU. The default position is that the succession laws where the individual was [...]

The case of The Personal Representatives of Grace Joyce Graham (Deceased) v HMRC [2018] UK FTT 0306 (TC) looks once again at how many additional services is enough to allow a claim for Business [...]

A summary of the latest developments in tax including a link to the latest Trust & Estates Newsletter from HMRC.

At last – a win for the tax payer on Furnished Holiday Letting (FHL) and IHT Business Property Relief (BPR) - PRs of Graham v HMRC [2018] UK FTT 306. Grace Graham ran a business from her home at [...]

As the full impact of the complications of additional Residence Nil Rate Band (RNRB) for inheritance tax (IHT) begin to be understood by the farming community, it is key to look at the farmhouse [...]

Escaping the net of residence and domicile to avoid the payment of income tax and capital gains tax is not new but in every case the facts will be long and detailed to decide whether this [...]

Since 2015, UK capital gains tax (‘CGT’) now extends to non-residents, if they dispose of UK situated residential property. This may not itself be a problem for non-residents who invest into the [...]

For those administering estates over the last 20, or so, years, it no longer comes as a surprise to be contacted by, say, the registrars for Lloyds Group or the Royal Bank of Scotland, and to be [...]

Mr Graves had offshore investments in the Channel Islands, but had not declared any income in relation to offshore investments. HMRC found out about these investments and made assessments under [...]

The Tolley’s Taxwise series has helped many a student of tax pass their exams. However practitioners will be missing a trick not to have to hand a copy of Volume II which provides a practical [...]