Great art ‘will be forced abroad by tax law’ – The Times

Posted February 11th, 2008 in artistic works, domicile, news, taxation by sally

“The British public will miss out on seeing some of the greatest works of art in the world because of the Government’s tax plans for nondomiciled foreigners, the director of the Tate said yesterday.”

Full story

The Times, 9th February 2008


Revenue and Customs Commissioners v Trustees of the Peter Clay Discretionary Trust – WLR Daily

Posted November 19th, 2007 in expenses, taxation, trusts by sally

Revenue and Customs Commissioners v Trustees of the Peter Clay Discretionary Trust [2007] EWHC 2661 (Ch)

“Expenses incurred by trustees of a discretionary trust for the benefit of both capital and income beneficiaries were properly chargeable to capital.”

WLR Daily, 16th November 2007


Please note once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.

Bill could ban tax exiles from House of Lords – The Guardian

Posted November 16th, 2007 in constitutional reform, news, parliament, taxation by sally

“A forthcoming constitutional reform bill could include measures to stop tax exiles from sitting in the House of Lords, the cabinet secretary said yesterday amid further questions about the tax status of the millionaire Tory donor Lord Ashcroft.”

Full story

The Guardian, 16th November 2007


Court says taxpayers can sue Revenue for errors – The Times

Posted October 26th, 2007 in HM Revenue & Customs, negligence, news, taxation by sally

“Businesses or individuals who have lost out because of serious errors at Revenue and Customs will be able to sue for damages following a landmark legal victory yesterday.”

Full story

The Times, 25th October 2007


Tax guide printed in small print – BBC News

Posted September 7th, 2007 in news, publishing, taxation by sally

“An authoritative guide to UK tax law has been published in smaller print to try to keep its growth under control.”

Full story

BBC News, 6th September 2007


Ministers consider higher taxes to curb youth drinking problem – The Independent

Posted August 16th, 2007 in alcohol abuse, news, taxation by sally

“Celebrity booze culture came under fire from the Government yesterday as a Home Office minister gave the clearest signal yet that tax on alcohol will be raised to curb drinking problems among young people.”

Full story

The Independent, 16th August 2007


Family businesses to lose out in tax review – The Times

Posted July 27th, 2007 in news, small businesses, taxation by sally

“Hundreds of thousands of small businesses and family partnerships will be forced to pay more tax under reforms proposed by the Government today.”

Full story

The Times, 26th July 2007


Finance Act 2007

Posted July 26th, 2007 in customs and excise, legislation, taxation by sally

Finance Act 2007 published

Full text of Act