RPC Tax Take
For tax professionals on the move
Autumn Statement 2013 – George's Marvellous Medicine?
In the midst of the political point-scoring, last week's Autumn Statement was light on significant new tax announcements.
Although much was made (at least on the Government's side of the House) of the positive economic news, there were almost as many references to the need to guard against complace...
A Notice of Requirement and VAT Security
A former TV chef was recently fined £10,000 for his failure to comply with a Notice of Requirement (NOR) to give a VAT security (http://abytx.co/1bDo2U0). HM Revenue & Customs (HMRC) has shown an increased readiness to use such Notices, so perhaps this presents a timely opportunity to remind peo...
Quality of occupation is paramount when deciding whether a property is a taxpayer's 'only or main residence' for the purposes of capital gains tax
A recent decision of the First-tier Tribunal (Tax Chamber) ('FTT') provides helpful insight into the way in which the FTT will apply the Capital Gains Tax Private Residence relief provisions contained in sections 222 and 223 of the Taxation of Chargeable Gains Act 1992 ('TCGA').
In Piers Moore v...
The Tribunal considers its public law jurisdiction in VAT online filing human rights case
The First-tier Tribunal (Tax Chamber) ('FTT') has recently considered various difficult questions in relation to its public law jurisdiction and the relevance of human rights issues to taxation disputes in LH Bishop & Others v HMRC.
Three of the four appellants had been sel...
Tribunal sets aside HMRC's Schedule 36 information notice
The First-tier Tribunal (Tax Chamber) ('FTT') has allowed a taxpayer's appeal against an information notice issued by HMRC pursuant to paragraph 1, Schedule 36, Finance Act 2008. In Kevin Betts v HMRC  UKFTT 430 (TC), the FTT accepted that information and documents sought by HMRC were reasonab...
Tribunal prevents HMRC from 'relitigating' the case in Rosenbaum v HMRC
In Rosenbaum v HMRC the First-tier Tribunal ('FTT') recently considered the circumstances in which it can set aside a decision under Rule 38 of The Tribunal Procedure (First-tier Tribunal) (Tax Chamber) Rules 2009 ('the Tribunal Rules').
Facts and background
The executor of the estate of Ter...
About this blog
Albert Einstein once remarked, on trying to complete his tax return: "This is too difficult for a mathematician. It takes a philosopher!". As tax practitioners are only too well aware, tax legislation continues to increase in length and complexity with the passing of each Finance Act. There is also a steady stream of new case law. Our hope is that, against this background, RPC Tax Take will be a useful source of current information and comment to busy practitioners. It features regular postings on the latest news and developments in UK tax law, together with a number of practical Practice Notes written by specialist lawyers at RPC.
We welcome comments and feedback – please get in touch!