In the latest tax tribunal ruling in favour of HMRC, Clavis Liberty Fund 1 LP scheme has lost an appeal at the First Tier Tribunal (FTT) involving the use of dividends paid on shares to a company based in the Cayman Islands

The tax rules for part surrenders or part assignments of life insurance policies are under review as the government releases a consultation on three alternatives to the current tax arrangements by either introducing a direct tax charge, a 100% allowance or deferral of excessive gains

Unfair proposals on higher stamp duty land tax (SDLT) charges and sale periods may have been scrapped but what’s the point of the Lifetime Individual Savings Account (LISA) for higher rate taxpayers, asks Yvette Nunn, director of Berkeley Associates

In response to the leaking of the Panama papers and government pressure to clamp down on tax evasion, HMRC has accelerated the release of a consultation on draft rules to introduce legislation for a corporate offence of failure to prevent the criminal facilitation of tax evasion

The definition of contract workers need to be amended to reflect their status as the current system of shoehorning them into either employed or self-employed status for income tax purposes, is out of date and not fit for purpose, according to an amendment tabled by the SNP Treasury spokesman during the debate on Finance (No.2) Bill earlier this week

If you thought the introduction of the dividend tax allowance was a year end issue, think again as HMRC is adding predictive dividend earnings to PAYE tax coding notices for the 2016/17 tax year, warns Jackie Hall, partner and employment tax expert at RSM, but it is possible to dispute the calculation

Jersey Finance has confirmed the line-up of speakers for its Annual Private Wealth Conference featuring leading tax and legal experts who will address hot topics for high net worth clients from trust legislation and its relevance today to private wealth management and social responsibility

An IT issue at HMRC means that self assessment taxpayers are unable to view or make changes to their submitted 2015-16 annual tax return

The Supreme Court is set to hear an appeal from Eclipse Film Partners 35, the partnership which is challenging HMRC’s view that a tax avoidance scheme involving the rights to two Disney films amount to an investment, rather than a trading venture, and as such in HMRC's view does not qualify for £117m in film tax relief

The OECD is to hold a meeting this week with senior tax officials from around the world to discuss their response and proposed actions following the Panama Papers revelations about scores of offshore accounts used for tax evasion and aggressive tax avoidance

Due to the large volumes of data HMRC handles, it has updated its guidance relating to compliance with the Data Protection Act 1998 (DPA) to ensure it meets the eight data protection principles, stressing that requests must be supported with strict identity verification documents

The overhaul of personal savings interest comes into force next week when individual savers will be allocated up to £1,000 of tax-free savings under the government's new personal savings allowance (PSA), although few savers seem to be aware of the changes which come into effect from 6 April