In Senex Investments Ltd v Revenue & Customs [2015] TC04312 the FTT allowed a Business Premises Renovation Allowance (BPRA) claim for a former church.
SME Tax News
National Savings and Investment Granny bonds were available to the over 65s between January 2015 and May 2015.
In Tower Radio Limited, Total Property Support Services Limited v HMRC [2015] FTC/120/2013 a tax planning scheme designed to avoid income tax and NICs was found by the Upper Tax Tribunal (UTT) to succeed.
Hello again
This time, we have a couple of cases, we review a very good tax break for remittance basis users and as usual new guides and updates for our subscribers.
In Terrace Hill (Berkeley) Ltd v HMRC TC04282 the FTT considered a finely balanced case as to whether the profits made on the disposal of a property developed for letting amounted to a trading or an investment activity.
In Spring Capital Ltd v HMRC [2015] TC04273 the first tier tax tribunal again rejected HMRC's Shares and Asset Valuation Office's valuation methology.
In Parveen Chadda, Eileen Nash & Pauline Moroney v HMRC [2014] TC04151 the First Tier Tribunal considered whether a joint tenancy had been formally severed for IHT purposes.
Hello
This time we feature our new and improved guide to RTI and penalties, an update on all things tax avoidance, together with latest news and practical tax guides.