SIPP and SSAS providers and members continue to be left in limbo over potential tax charges arising from in-specie contributions. HMRC has suspended
Last week HMRC published a consultation document entitled "Raising the stakes and tax avoidance". The consultation document forms part of HMRC's
Hardly a week has passed during 2011 without audit in the headlines.
Tax disputes arise for a range of different reasons: HMRC changes its policy or targets an avoidance scheme, a tax professional provides incorrect advice, or a taxpayer implements advice incorrectly.
Earlier this week the Court of Appeal handed down its eagerly awaited decision in Pitt and Another v Holt and Another, unexpectedly overturning what has been known as the principle set out in Re Hastings-Bass.
Professor Kenny (K) was a member of the Teachers' Pension Scheme.