Accountancy expenses arising out of accounts investigations

Commentary – Tax Reporter ¶217-350
HMRC Guidance – BIM46450 ; BIM46455
Case Law – (1) SMITH'S POTATO ESTATES, LTD. v. BOLLAND (H.M. INSPECTOR OF TAXES) (2) SMITH'S POTATO CRISPS (1929), LTD. v. COMMISSIONERS OF INLAND REVENUE ; ALLEN (H.M. INSPECTOR OF TAXES) v. FARQUHARSON BROTHERS AND COMPANY.

Capital gains tax

Allowable expenditure, costs of making valuations

Commentary – Tax Reporter ¶519-800
HMRC Guidance – CG15260 ; CG16615
Case Law – Commissioners of Inland Revenue v. Chubb's Trustee

Compensation for permanent cuts in milk quotas

Commentary – Tax Reporter ¶514-600
HMRC Guidance – CG77920
Case Law – THE GLENBOIG UNION FIRECLAY CO., LTD. v. THE COMMISSIONERS OF INLAND REVENUE.

Consideration on a share exchange partly in the form of qualifying corporate bonds

Commentary – Tax Reporter ¶559-500
Case Law – W.T. Ramsay Ltd v. Commissioners of Inland Revenue Eilbeck (H.M. Inspector of Taxes) v. Rawling

Gift of qualifying corporate bonds to a charity

Commentary – Tax Reporter ¶559-600

Indexation and rebasing, enhancement expenditure on assets deemed to be held on 31 March 1982 by person making the disposal

Commentary – Tax Reporter ¶523-450
HMRC Guidance – CG16880 ; CG16882

Principal private residence relief

Commentary – Tax Reporter ¶545-500 ; Tax Reporter ¶545-750 ; Tax Reporter ¶546-000 ; Tax Reporter ¶546-500 ; Tax Reporter ¶546-650 ; Tax Reporter ¶546-700 ; Tax Reporter ¶546-900 ; Tax Reporter ¶546-950
HMRC Guidance – CG64200 ; CG64245 ; CG64360 ; CG64377 ; CG64525 ; CG64690 ; CG64760 ; CG64767 ; CG64832 ; CG64920 ; CG64925 ; CG65000 ; CG65009 ; CG65013 ; CG65210 ; CG65240 ; CG65243
Case Law – Batey (H.M. Inspector of Taxes) v. Wakefield ; Henke & Anor v. R & C Commrs ; Jones v Wilcock (HMIT)

Principal private residence relief, residences occupied under licence

Commentary – Tax Reporter ¶545-950
HMRC Guidance – CG13125 ; CG64470 ; CG64530 ; CG64536 ; CG64545

Private residence relief, joint but unrelated owner occupiers

Commentary – Tax Reporter ¶546-050

Qualifying corporate bonds, devolution on death

Commentary – Tax Reporter ¶559-600

Shotguns

Commentary – Tax Reporter ¶509-050
HMRC Guidance – CG76870 ; CG76881 ; CG76900 ; CG76901 ; CG76905

Small capital distributions direction under TCGA92 s. 122(2)

Commentary – Tax Reporter ¶562-150
HMRC Guidance – CG57835 ; CG57836 ; CG57838

Transfers at undervalue to employees or directors

Commentary – Tax Reporter ¶519-200

Carry-back claims under self-assessment

Commentary – Tax Reporter ¶191-610
HMRC Guidance – SAM110085
Case Law – Norton v Thompson (HMIT)

Concessions that defer a capital gains tax charge, FA99 s. 76

Commentary – Tax Reporter ¶520-270
HMRC Guidance – CG13650
Case Law – Fallon & Anor (Executors of Morgan dec'd) v Fellows (HMIT)

Corporation tax

Chargeable gains, transfers of shares within a group of companies in exchange for qualifying corporate bonds

Commentary – Tax Reporter ¶559-600

Close investment-holding companies, treatment of companies in liquidation

Commentary – Tax Reporter ¶779-810

Enterprise investment scheme

Qualifying trades

Commentary – Tax Reporter ¶716-130

Inheritance tax

Business and agricultural relief

Commentary – Tax Reporter ¶658-550 ; Tax Reporter ¶659-100 ; Tax Reporter ¶666-000
HMRC Guidance – IHTM24101 ; IHTM24114 ; IHTM24132 ; IHTM24181 ; IHTM25369
Case Law – Execs of Harrold dec'd

Gifts with reservation

Commentary – Tax Reporter ¶613-550 ; Tax Reporter ¶613-750 ; Tax Reporter ¶614-250
HMRC Guidance – IHTM04064 ; IHTM14333 ; IHTM14334 ; IHTM14396

Post-death variation of inheritance by survivorship

Commentary – Tax Reporter ¶632-050
HMRC Guidance – IHTM35124
Case Law – Cook & Anor (Executors of Watkins dec'd) v IR Commrs ; Glowacki (dec'd) v. R & C Commrs ; Lau v. R & C Commrs ; Soutter's Executry v IR Commrs

Valuation of assets at the date of death

Commentary – Tax Reporter ¶632-050
HMRC Guidance – IHTM35124
Case Law – Cook & Anor (Executors of Watkins dec'd) v IR Commrs ; Glowacki (dec'd) v. R & C Commrs ; Lau v. R & C Commrs ; Soutter's Executry v IR Commrs

Intra-group interest and similar sums treated as distributions

Commentary – Tax Reporter ¶743-550

Listed on a recognised stock exchange

Commentary – Tax Reporter ¶779-240
HMRC Guidance – CTM60280 ; CTM60310

Meaning of machinery

Commentary – Tax Reporter ¶508-400
HMRC Guidance – CG76901

Schedule D, Case I and II

Expenditure on staff training and development

Commentary – Tax Reporter ¶213-400 ; Tax Reporter ¶707-930
HMRC Guidance – BIM35660 ; BIM45047

Self-employed lorry drivers overnight subsistence

Commentary – Tax Reporter ¶208-550
HMRC Guidance – BIM37660 ; BIM37670 ; BIM47710
Case Law – Bowden (H.M. Inspector of Taxes) v. Russell & Russell ; Caillebotte (H.M. Inspector of Taxes) v. Quinn

Trading receipts of members' golf clubs

Commentary – Tax Reporter ¶806-800
Case Law – (1) THE COMMISSIONERS OF INLAND REVENUE v. THE WESTLEIGH ESTATES CO., LTD. (2) THE COMMISSIONERS OF INLAND REVENUE v. THE SOUTH BEHAR RAILWAY CO., LTD. (3) THE COMMISSIONERS OF INLAND REVENUE v. THE ECCENTRIC CLUB, LTD. ; (1) THOMAS (H.M. INSPECTOR OF TAXES) v. RICHARD EVANS & CO., LTD. (2) JONES (H.M. INSPECTOR OF TAXES) v. THE SOUTH-WEST LANCASHIRE COAL OWNERS' ASSOCIATION, LTD. ; EQUITABLE LIFE ASSURANCE SOCIETY OF UNITED STATES v. BISHOP (Surveyor of Taxes). ; Faulconbridge (H.M. Inspector of Taxes) v. National Employers' Mutual General Insurance Association, Ltd. ; LAST v. LONDON ASSURANCE CORPORATION. ; MUNICIPAL MUTUAL INSURANCE, LIMITED v. HILLS (H.M. INSPECTOR OF TAXES. ; THE CARLISLE AND SILLOTH GOLF CLUB v. SMITH (Surveyor of Taxes). ; THE LIVERPOOL CORN TRADE ASSOCIATION, LIMITED v. MONKS (H.M. INSPECTOR OF TAXES).

Schedule E

Benefits-in-kind, medical check-ups

Commentary – Tax Reporter ¶437-900

Operation of PAYE by a company supplying a worker to an agency

Commentary – Tax Reporter ¶407-500
HMRC Guidance – ESM2005

Relocation packages ESC A85

Commentary – Tax Reporter ¶437-950

Self-assessment, incomplete returns and use of provisional figures in returns

Commentary – Tax Reporter ¶180-150
HMRC Guidance – SALF206

Wines and spirits, capital gains tax treatment

Commentary – Tax Reporter ¶509-050
HMRC Guidance – CG76870 ; CG76881 ; CG76900 ; CG76901 ; CG76905