Field Court Tax Chambers

As summer begins to draw to a close, Peter Vaines bring us all the latest news and analysis in this month’s edition of the UK Tax Bulletin. There is good news for Family Investment Companies, as Peter covers the dissolution of a team set up specifically to investigate them but draws attention to the complexities faced in implementing these structures effectively. Discovery assessments are covered once again, as further cases emerge on areas that ought to have been thoroughly settled by now. Peter explains how a recent decision by the Supreme Court puts further burdens upon the taxpayer and looks at new draft legislation which could have severe consequences for the minority of people affected by it with “uncertain tax positions”. All of this along with the latest rates of interest and inflation can be found here, or on the FCTC website as always.

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