ARTICLE · 13 APRIL 2018

Weekly Tax Update - 11 April 2018

Smith & Williamson

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Welcome to Tax update, which provides a round-up and explanation of the latest tax issues.

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Smith & Williamson

Welcome to Tax update, which provides a round-up and explanation of the latest tax issues.

In this week's tax update:

General

Growing challenges facing HMRC – response to PAC report
First virtual tax court case heard
Public register of beneficial ownership of foreign entities owning UK property
Treasury Committee launches three reviews into the tax system
GAAR and STAR
Making Tax Digital – Smith & Williamson briefing note

Private client

Funds in an oversubscription for shares not available for CGT loss relief
Penalty vacated for lack of evidence

Trust, estates and IHT

Trusts and estates newsletter
Hope value must be taken into account in IHT valuation

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