Category: taxation

Hawksford Trustees Jersey Ltd (as trustee of the Bald Eagle Trust) v Stella Global UK Ltd and another – WLR Daily

Posted July 23rd, 2012 in appeals, costs, insurance, law reports, taxation, trials by sally

Hawksford Trustees Jersey Ltd (as trustee of the Bald Eagle Trust) v Stella Global UK Ltd and another: [2012] EWCA Civ 987;  [2012] WLR (D)  216

“References to ‘proceedings’ in section 29 of the Access to Justice Act 1999 should be interpreted so as to reflect the legislative purpose, namely to improve access to the courts for members of the public with meritorious claims. Where a claimant took out ATE insurance after having succeeded at trial he would be entitled if successful in the appeal to recover in costs that part of the ATE premium relating to the costs of the appeal, but it would be unfair to allow him to recover in costs that part of the premium which related to the costs of the trial.”

WLR Daily, 19th July 2012

Source: www.iclr.co.uk

High Court ruling on rates provides reassurance to landlords of empty properties, says expert – OUT-LAW.com

Posted July 2nd, 2012 in landlord & tenant, news, rates, taxation by sally

“A High Court ruling will reassure landlords seeking to avoid business rate charges on properties left lying empty, a property law expert has said.”

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OUT-LAW.com, 29th June 2012

Source: www.out-law.com

UK Uncut allowed to challenge Goldman Sachs tax deal – The Guardian

Posted June 14th, 2012 in HM Revenue & Customs, illegality, judicial review, news, public interest, taxation by sally

“An anti tax-avoidance campaign group has won permission from the high courts to have a ‘sweetheart’ deal between HMRC and the banking giant Goldman Sachs judicially reviewed for its legality.”

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The Guardian, 14th June 2012

Source: www.guardian.co.uk

Revenue and Customs Commissioners v Charman – WLR Daily

Posted May 31st, 2012 in disclosure, documents, law reports, public interest, taxation by sally

Revenue and Customs Commissioners v Charman: [2012] EWHC 1448 (Fam);  [2012] WLR (D)  165

“As a general rule documents and other evidence produced in ancillary relief proceedings were not disclosable to third parties outside the proceedings save in an exceptional case and for very good reason, unless the court gave leave. The fact that evidence might be relevant or useful was not of itself a good enough reason to undermine that rule.”

WLR Daily, 29th May 2012

Source: www.iclr.co.uk

Taxpayers can rely on concession unless it is publicly withdrawn, rules court – OUT-LAW.com

Posted May 14th, 2012 in judicial review, news, taxation by sally

“Taxpayers are entitled to rely on a concession made by HM Revenue & Customs (HMRC) in a formal publication unless and until the concession is publicly withdrawn, according to the High Court.”

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OUT-LAW.com, 11th May 2012

Source: www.out-law.com

Taxpayers can rely on concession unless it is publicly withdrawn, rules court – OUT-LAW.com

Posted May 11th, 2012 in HM Revenue & Customs, judicial review, news, taxation by sally

“Taxpayers are entitled to rely on a concession made by HM Revenue & Customs (HMRC) in a formal publication unless and until the concession is publicly withdrawn, according to the High Court.”

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OUT-LAW.com, 11th May 2012

Source: www.out-law.ocm

Activists given High Court go ahead to pursue HMRC over alleged ‘sweetheart’ deals – OUT-LAW.com

Posted April 19th, 2012 in HM Revenue & Customs, judicial review, news, taxation by sally

“A group of activists is to raise a preliminary challenge to an alleged ‘sweetheart’ tax settlement between HM Revenue and Customs (HMRC) and investment bank Goldman Sachs, according to a national newspaper.”

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OUT-LAW.com, 18th April 2012

Source: www.out-law.com

Family Law Week’s Budget Briefing 2012 – Family Law Week

Posted March 22nd, 2012 in budgets, capital gains tax, corporation tax, news, tax avoidance, taxation by sally

“Steve Crompton & David Kitson, Tax Directors at RSM Tenon, review the Chancellor’s 2012 Budget announcements.”

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Family Law Week, 21st March 2012

Source: www.familylawweek.com

Squatting law reforms ‘could cost taxpayers £790m over five years’ – The Guardian

Posted March 19th, 2012 in benefits, budgets, legal aid, news, squatting, taxation by sally

“The cost of a new law to further criminalise squatting could run to almost 20 times official estimates, wiping out government legal aid budget savings, according to the findings of a newly published report.”

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The Guardian, 16th March 2012

Source: www.guardian.co.uk

Article 1 of Protocol 1 of the European Convention on Human Rights: Taxation – 11 KBW

Posted March 6th, 2012 in human rights, news, taxation by sally

“Article 1 of Protocol 1 (A1P1) of the European Convention on Human Rights (‘the Convention’) states that:

Every natural or legal person is entitled to the peaceful enjoyment of his possessions. No one shall be deprived of his possessions except in the public interest and subject to the conditions provided for by law and by the general principles of international law. The preceding provisions shall not, however, in any way impair the right of a State to enforce such laws as it deems necessary to control the use of property in accordance with the general interest or to secure the payment of taxes or other contributions or penalties.”

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11 KBW, 2nd March 2012

Source: www.11kbw.com

HSBC faces potential £3bn UK tax bill if it loses HM Revenue and Customs case – The Guardian

Posted February 28th, 2012 in banking, news, taxation by sally

“HSBC, the UK’s biggest bank, has admitted it faces a potential tax bill of up to up to $4.9bn (£3bn) if it loses an ongoing case with HM Revenue and Customs.”

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The Guardian, 28th February 2012

Source: www.guardian.co.uk

New tax watchdog to stop ‘sweetheart deals’ with big firms – Daily Telegraph

Posted February 28th, 2012 in HM Revenue & Customs, news, tax avoidance, taxation by sally

“A watchdog is to be appointed to ensure that the taxman does not strike overly-generous sweetheart deals with big firms trying to avoid multi-million pound bills.”

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Daily Telegraph, 28th February 2012

Source: www.telegraph.co.uk

Changes in law may be recommended to allow data sharing to combat fraud – OUT-LAW.com

Posted February 9th, 2012 in benefits, data protection, fraud, news, taxation by sally

“A Government-appointed taskforce is prepared to recommend changing the law if it finds ‘unnecessary legal barriers’ to the sharing of information under just-announced anti-fraud plans.”

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OUT-LAW.com, 8th February 2012

Source: www.out-law.com

Exposed: Taxman’s ‘illegal’ war against Britain’s small businesses – The Independent

Posted January 13th, 2012 in fines, HM Revenue & Customs, news, taxation, tribunals by sally

“Tax Tribunal rules HMRC is waiting months before alerting firms returns are late so that fines stack up.”

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The Independent, 13th January 2012

Source: www.independent.co.uk

HMRC extends alternative dispute resolution trial for smaller businesses – OUT-LAW.com

Posted January 11th, 2012 in dispute resolution, HM Revenue & Customs, news, pilot schemes, taxation, tribunals by sally

“An alternative dispute resolution (ADR) pilot which allows smaller businesses to resolve tax disputes without having to resort to a tribunal is to be extended, HM Revenue and Customs (HMRC) has announced.”

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OUT-LAW.com, 11th January 2012

Source: www.out-law.com

MPs publish “damning indictment” of alleged HMRC deals with big businesses – OUT-LAW.com

Posted December 21st, 2011 in auditors, HM Revenue & Customs, news, taxation by sally

“There are ‘specific and systemic’ failures in the way in which HM Revenue and Customs (HMRC) handles tax disputes with big companies which must be addressed, an influential committee of MPs has said.”

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OUT-LAW.com, 20th December 2011

Source: www.out-law.com

‘Pension unlocking’ loan schemes ruled unlawful – OUT-LAW.com

Posted December 21st, 2011 in loans, news, ombudsmen, pensions, taxation, trusts by sally

“Loans between pension schemes are ‘unauthorised payments’ which cannot be used as a way of unlocking pension capital before a scheme member retires, the High Court has ruled.”

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OUT-LAW.com, 21st December 2011

Source: www.out-law.com

Companies facing judge-led investigation over HMRC tax deals – Daily Telegraph

Posted December 15th, 2011 in HM Revenue & Customs, inquiries, news, reports, taxation by sally

“A string of companies are facing a judge-led investigation into deals with HM Revenue and Customs which allowed them to escape paying billions of pounds in tax.”

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Daily Telegraph, 15th December 2011

Source: www.telegraph.co.uk

Employment tribunal fees to benefit business and taxpayers – Ministry of Justice

Posted December 14th, 2011 in employment tribunals, fees, news, taxation by sally

“Plans to lower the £84 million cost to the taxpayer, and relieve pressure on businesses, through the introduction of fees for employment tribunals were announced today by Justice Minister Jonathan Djanogly.”

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Ministry of Justice, 14th December 2011

Source: www.justice.gov.uk

Draft tax legislation gives greater predictability and clarity – HM Treasury

Posted December 6th, 2011 in air passenger duty, consultations, corporation tax, foreign companies, legislation, news, taxation, VAT by sally

“Following Budget 2011, the Government has today published responses to a number of tax policy consultations, alongside draft clauses for legislation to be included in Finance Bill 2012.”

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HM Treasury, 6th December 2011

Source: www.hm-treasury.gov.uk