HMRC has added a new paragraph 7.6 entitled “Authorised persons for particular legal entities” to notice 742A: Opting to tax land and buildings. This new paragraph confirms that HMRC are conducting reviews of option to tax notifications.
Marc Selby discusses the proposal to introduce a higher rate of stamp duty land tax for foreign buyers of UK residential property.
The Court of Appeal’s recent decision in P Routier and C A Venables v HMRC  explores the inheritance tax relief exemption on gifts to charities and the conditions that apply in order to claim the relief.
In the current climate of headline news relating to tax avoidance, many members of the public are questioning whether they may fall foul of the law by taking any steps at all to reduce the tax which they pay.