In the recent tax First Tier Tribunal (FTT) Potter case, it was ruled that the company activities were the key when determining whether it was a trading company for Entrepreneurs’ Relief, even when the majority of income and assets were derived from investment bonds....
HMRC delays the introduction of the VAT domestic reverse charge for at least a year. Since the publication of our original post below in August 2019, HMRC has announced that the VAT domestic reverse charge will not be introduced until 1 October 2020. HMRC explains...
