How to use the Remittance Basis of Taxation from 6 April 2008

Wednesday, 23rd July 2008

From the horse’s mouth, so to speak.  HMRC have published guidelines on the use of the remittance basis under the new provisions.

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Henwood v Barlow Clowes International Ltd (in liquidation) (CA)

Wednesday, 4th June 2008

[2008] EWCA Civ 577; Court of Appeal, Civil Division; Waller, Arden and Moore-Bick LJJ; [2008] All ER (D) 330 (May)

Allowing an appeal against the decision of Evans-Lombe J (see a post about that decision here), the Court of Appeal held that the respondent to the bankruptcy petition was domiciled in England and Wales.  At the relevant time he had lost his domicile of choice and had not yet taken up a new domicile of choice; therefore his domicile of origin had revived.

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FAQ: Residence and domicile - non-resident trusts

Wednesday, 28th May 2008

HMRC provide a series of answers to frequently asked questions about the proposed changes to the residence and domicile tax rules relating to Trusts and alienation.

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Tax experts discuss residence and domicile

Monday, 12th May 2008

CIOT have placed a webcast on their website, with John Whiting and John Barnett discussing the issues surrounding residence and domicile.

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2008 update to the Model Tax Convention: OECD discussion draft

Tuesday, 29th April 2008

The OECD Committee on Fiscal Affairs has released the draft contents of the 2008 update to the OECD Model Tax Convention and is inviting comments.

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Finance Bill 2007-8

Thursday, 27th March 2008

The Finance Bill has been published.  It can be found here.

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