The latest edition of Peter Vaines’ Tax Bulletin is available now, and it covers a wide range of topics. It looks at the availability of PPR in Eyre v HMRC and BADR in Tamzin Eyre v HMRC. Peter Vaines discusses how HMRC’s interpretation of section 48(3) IHTA 1984 (prior to amendment in 2020) has been determined to be incorrect, and notes some useful lessons to be learned from the latest decision on the TOAA in Moran v HMRC.
The May edition of the UK Tax Bulletin is available here.
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