Family investment companies: facts about FICs
A family investment company (FIC) structure is a useful tool for wealthy parents to pass on future growth in their wealth to their children, without
The plots thicken: tax and selling off the garden
The 600-odd paragraphs of the First-tier Tribunal (‘FTT’) decision in Whyte v HMRC [2021] UKFTT 0270 (TC) cover a number of points on ‘selling off
Taxation Readers’ Forum: Excluded property trust
Writing for Taxation magazine’s Readers’ Forum, BKL tax consultant Terry Jordan responds to a reader’s query about inheritance tax due on an excluded property trust.
Basis period change: will it affect you?
HMRC have recently published a consultation document on ‘basis period reform’. To be clear, that is not consultation on whether to do it or when
Ingenious: crumbs of comfort
The Ingenious film partnerships have succeeded in their appeal before the Court of Appeal in [2021] EWCA Civ 1180. However, investors in these tax avoidance
Jason Appel on Humanise The Numbers podcast
Jason Appel, our Head of Accounts, chatted with Paul Shrimpling for the accountancy podcast Humanise The Numbers. Topics discussed by Jason and Paul include: Jason’s
Gotcha! Tinkler and estoppel
Estoppel is the legal principle which says, very broadly, that if you and I have dealings on the basis of a shared but mistaken belief
It didn’t happen: reversing out of tax schemes
If you’re lucky, the failure of that tax avoidance scheme that seemed like a good idea when the sharp-suited silver-tongued salesman sold it to you
Taxation Readers’ Forum: Estate planning and wills
Writing for Taxation magazine’s Readers’ Forum, BKL tax consultant Terry Jordan responds to a reader’s query on whether parents’ mirror wills need refreshing. ‘I have
