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In Bhaur & Ors v Equity First Trustees (Nevis) Ltd & Ors [2021] EWHC 2581 (CH), the High Court denied a request to set aside an Employee Benefit Trust scheme on the grounds of mistake despite attempts by the offshore trustees to give 90% of the trust value to the NSPCC as the default beneficiary. 

HMRC have recently published guidance on how they deal with people who do not pay the tax that is owed. This includes how and when debt enforcement powers are used.

HMRC have issued Making Tax Digital for Agents Issue 18 (September 2021). We have summarised the key content for you.

Hello,

We have a varied and interesting selection of news and cases for you this week, plus we feature Question & Answers from our recent tax conference hot topics, and summaries of the best bits of the latest Employer and Agent Bulletins from HMRC.

HMRC have issued guidance targeted at helping employment agencies and those using temporary labour reduce the risk of using a non-tax compliant umbrella company.

HMRC have published their Employer Bulletin for October 2021. We have summarised the key content for you, with links to our detailed guidance on the topics covered.

  1. HMRC to stop benefit payments to Post Office card accounts
  2. Wages paid to Dad, not wholly and exclusively incurred
  3. Ancillary property did qualify for CGT Private Residence Relief
  4. Agent update: October 2021
  5. 136 countries agree to global Corporate Tax reform
  6. No IHT relief for donations to UKIP is 'justifiable discrimination'
  7. Pandora Papers: Issues for advisers
  8. Nichola's SME Tax W-update 7 October 2021
  9. Trying to automate CGT advice, but not doing very well
  10. Starting a new accountancy practice? What now?

 

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