Hearts FC has escaped the threat of immediate closure by paying the final instalment of a tax bill that prompted HMRC to seek a winding-up petition last month.
HMRC confirmed this week it will seek to appeal against the tribunal decision
An upper tier tax tribunal has overturned a lower tribunal decision in which the original judge criticised HMRC for using the PAYE penalty system as “cash generating scheme”.
A recent tax tribunal ruling may make sports sponsorship less financially attractive and harder to arrange, writes Nick Huber.
Changes to the VAT regime are focusing attention on artificial separation of companies, according to The Vat People, who report a rise in queries and cases on the topic.
Investment bank UBS could be in line for a potential tax refund after a tribunal ruled that bonuses paid into an offshore tax avoidance scheme were not liable for income tax.
The concept of prevailing practice was recast in more restrictive terms by when a first tier tribunal turned down an appeal by a company that claimed tax relief on contributions to an employee bene
HMRC has won a key court case defeating a widely-marketed scheme to avoid stamp duty land tax (SDLT). Nick Huber reports.
A close company’s “facility” to enable employees to acquire shares in the company is a loan and subject to corporation tax, a tribunal ruled.