2 minute read
Have a read of the best forum queries, news and articles on our partner website TaxationWeb.
Queries from the Forum
A selection of popular queries from the last few weeks
To Bee or Not to Bee – a Sheepdog? – A fascinating question about supplies of working dogs, with an anthophilous twist
IHT400 and Interests in Possession – Despite A Goodman’s useful assistance, it would be wrong to infer that Q45 is the only confusing aspect to Forms IHT400
HMRC Generic Letters About Foreign Income and Gains – A generic query letter from HMRC’s, self-styled “Risk and Intelligence” Service – should one even reply?
VAT on Co-Owned FHL Portfolio – Useful point about the VAT categorisation of a partnership being quite different to that for direct taxes generally
Too Late to Reclaim Higher SDLT on Replacement Dwelling? – Is the querist too late to reclaim their 3% SDLT back? SDLT Geek highlights a trap in the old rules and sets out some options
CGT on a Gift – It is very important for clients and taxpayers generally to appreciate that a gift is not free from tax – this trap is only going to get worse when the new CGT Payments on Account regime is foisted on us next year…
News and Articles
A selection of news and longer items published on TaxationWeb
VAT Reverse Charge Charges to Hit Construction Industry – TaxationWeb’s Lee Sharpe looks at the new Reverse Charge for VAT in the Construction Industry – coming to a building site near you in October 2019 – and warns that the public are getting very few quids for all this quo
NHS Pensions Tax Row: Government was Warned as Long Ago as 2012 – RSM UK’s George Bull points out that the government has known for years about the looming pension tax problems for doctors and others in the public sector – and proposes a radical solution
Is My Compensation Taxable? It Depends… – BKL considers the tax treatment of the receipt of compensation as damages