Field Court Tax Chambers

Autumn’s first UK Tax Bulletin from FCTC’s very own Peter Vaines is here, bringing with it the usual insightful commentary on all the latest and most interesting news for tax practitioners. This issue covers the imaginative litigation tactics of HMRC with regards to ATED daily penalties; a look at the new guidance on loans to participators as recently set out; developments on deeming provisions in the Court of Sessions that put some limits on their application; and Peter’s contemplation of the repeated argument made by HMRC regarding the presumption of continuity. This issue is essential reading for anyone keen to understand the critical developments in these areas and how they fit with wider practice. The September edition can be found here or on the FCTC website.

For further information, please contact our Practice Managers