Issue: Vol 0, Issue 1106

Analysis

• Working with HMRC in 2012
• Six big economic questions for 2012
• The OECD tax world in 2011/12
• Challenges facing Tax Directors in 2012
• Six global trends shaping the tax world
• The VAT world in 2012

In brief

• Practitioners’ predictions for 2012

News

• Press watch: Tony Blair
• People and firms: KPMG, Chiene + Tait, Grant Thornton
• Alternative Dispute Resolution for SMEs ‘has to be good news’, says CIOT
• Potential impact of HMRC cuts on tax revenues is not fully understood, MPs warn
• Tax return penalty reminder
• Agent Update 27
• HMRC accepts Faster Payments
• Dominica TIEA
• Electronically supplied services: exchange rates
• ISA Bulletin 41
• PAYE codes for 2012/13 to include restriction for outstanding debt
• Disguised remuneration and NICs: FAQs
• Use of red diesel for gritting and grass cutting: HMRC guidance
• Large companies should pay 'a fair tax rate', says Cameron
• HMRC and police authorities: regulations
• Investment companies: regulations
• Investment trusts: regulations
• Bank levy: regulations
• Excise duties: regulations
• Olympics: HMRC urges employers to check labour providers
• Class 2 NICs: reminder
• Intrastat: thresholds and reporting procedures
• Tax disputes: MPs defend HMRC whistleblower
• Tax disputes: NAO to scrutinise five settlements as HMRC faces legal challenge
• Motor vehicles and boats: VAT concessions withdrawn
• Commutation of small personal pension funds and transfers to QROPS: draft guidance
• Pension scheme returns and event reports: reminder
• Inheritance tax and trusts statistics: surveys
• Mutual assistance in tax recovery: regulations
• Tax statistics published
• Review of powers: responses to consultation
• Happy Christmas

Cases

• HMRC v Axa UK plc
• Lebara Ltd v HMRC
• Hankinson v HMRC
• Vlaamse Oliemaatschappij NV v FOD Financiën
• Simpson & Marwick v HMRC
• A Omar v HMRC
• HMRC v Lansdowne Partners Ltd Partnership

One minute with

• One minute with ... Mary Monfries