Income Tax Archives - McKie & Co

Home Publications Income Tax

This article examines the elements of the exceptional circumstances 60 day exception and in particular, its application in the COVID-19 pandemic. A case study highlights the deficiencies of the exception.

This issue discusses the importance to a taxpayer of making a detailed disclosure with his tax return to HMRC as to his residence and domicile status.

The main subject of this conference is domicile including the recently domiciled, long-term resident and formerly domiciled rules.

In this article HMRC’s review process under TMA 1970 Part V is examined and the protection that it offers to taxpayers evaluated.

This review considers HMRC’s review process, the valuation of life insurance policies and the effects of the failure of tax planning schemes.