Index to articles, interpretations and decisions appearing in Tax Bulletin Issues 1-68, which remain valid at December 2003

Index to articles, interpretations and decisions appearing in Tax Bulletin Issues 1-68, which remain valid at December 2004

Issue number page guide
   
1 1-8
2 9-16
3 17-24
4 25-36
5 37-48
6 49-60
7 61-76
8 77-92
9 93-104
10 105-120
11 121-136
12 137-160
13 161-172
14 173-188
15 189-200
16 201-216
17 217-228
18 229-248
19 249-260
20 261-276
21 277-292
22 293-312
23 313-324
24 325-344
25 345-360
26 361-380
27 381-404
28 405-424
29 425-444
30 445-464
31 465-476
32 477-496
33 497-516
34 517-538
35 539-562
36 563-578
37 579-602
38 603-622
39 623-634
40 635-658
41 659-678
42 679-690
43 691-702
44 703-714
45 715-730
46 731-750
47 751-766
48 767-778
49 779-794
50 795-817
51 819-830
52 831-846
53 847-866
54 867-882
55 883-894
56 895-910
57 911-922
58 923-930
59 931-942
60 943-962
61 963-978
62 979-994
63 995-1010
64 1011-1030
65 1031-1042
66 1043-1058
67 1059-1066
68 1067-1078
69 1079-1098
70 1099-1114
71 1115-1130
72 1131-1150
73 1151-1162
74 1163-1174

Accountancy principles and taxable profits
- tax treatment of certain telecommunications licences and IRU’s 815

Accountants
- Revenue 758, 923
- thieves bag cheques bound for accountant 762

ACT – see under “Dividends & Distributions”

Acquisition of new business 285

ACT - see under “Dividends & Distributions”

Agents
- receiving copies of assessments 3
- receiving copy taxpayer statements 509

Agricultural land
- gifts: capital gains tax hold over relief 5

Annual payments
- application of PAYE 196

Appeal hearings
- location (now Regulation 100(2) SI 1993 No 744) 70, 387
- National Insurance Contributions 659
- Special Commissioners publication of decisions 258

Avoidance
- company purchase schemes 168, 208
- PAYE FA 1994 385
- purchase of own shares 429
- Schedule 22 FA 1995 - SA transition 434
- Section 703 ICTA 1988: Sheppard and Sheppard v CIR 90
- share buybacks and Section 703 ICTA 1988 590
- transactions in securities, intra group dividends 37
- via Employee Remuneration Packages (soft currencies) 1001

Beneficial loans - see under Schedule E

Benefits code
- interaction between payments and benefits received on termination/change in the nature of employment 1036

BSE compensation 396

Building Society and other windfalls: free shares and cash bonuses 517

Business Income Manual 1076

Business Expansion Scheme
- CGT on shares acquired pre 19/3/86 33

Businesses,individuals and the settlements legislation
- part I 1011
- part II 1085

Business Link Website 1127

Capital Allowances
- abortive expenditure on plant and machinery 13
- claims under Section 383 ICTA 1988 286
- enterprise zones and IBA 553
- finance leases 539
- long-life assets 445, 552
- aircraft 1074
- modern printing equipment 916
- machinery or plant leased outside the UK 654

Capital Gains Tax
- attribution of gains to shareholders 74
- authorised Unit Trust Umbrella Schemes 419
- bookmakers’ pitches 699
- capital sums derived from assets-reliefs & Extra Statutory Concession D33 967
- carrying on a Business of Holding Investments (valid for disposals before 17/3/02) 856
- Companies valuation of large land portfolios at 31.3.82 917, 1064
- compensation payable to agricultural and business tenants 303
- corporation tax and degrouping charges 116
- corporate trustees and hold over relief 815
- devolution of qualifying corporate bonds on death 46
- EIS - see under “Enterprise Investment Scheme”
- ESC D39 - extension of leases - tenants rights 673
- exempt demergers
- trustees and beneficiaries 162
- gifts
- agricultural land 5
- qualifying corporate bonds to a charity 21
- hold-over relief and SP8/92 417
- Holdings of Shares - Matching Acquisitions and Disposals 839, 876
- ill-health retirement relief 5
- indexation
- assets held on 31 March 1982 54
- BES shares 33
- enhancement expenditure 32
- Section 35(5) TCGA 1992 5
- machinery: meaning of 166
- Mansworth v Jelley
- claims to increase capital losses for SA tax years 1061
- milk quota
- compensation for permanent cuts 128
- negligible value claims - meaning of “small” 397
- non-resident trusts 82, 204, 888
- post transaction valuation checks 401,728
- private residence relief
- garden or grounds 239
- joint ownership 20
- residences occupied under licence 167
- retirement relief 268, 653
- extending the qualifying period 397
- roll-over relief
- apportionment 166
- depreciating assets: land and buildings 73
- extension of time limit 5
- furnished holiday accommodation 33
- options over land 13
- Section 152 TCGA 1992: “taken into use” 5
- Self Assessment Provisional Relief 327
- SP 13/93, compulsory acquisition 672
- Section 31(7B) MCA 1973: Payments of lump sums 840
- settlements: connected persons and losses 56
- share exchange: consideration partly in qualifying corporate bonds 57
- share reorganisation: open offers 148
- shotguns 726
- Taper Relief 852
- Taper Relief-Anti Avoidance (Paragraphs 11 & 11A Sch A1 TCGA 1992) 963
- Taper Relief and Employee Shares held in Trust 829
- partnerships - disposal of partnership goodwill by partners - revised statement of practice D12 970
- trading losses: set-off under Section 72 FA 1991 87
- The Taxation of Share Options: Internationally Mobile Employees 883
- tax reform publication of guidance 577
- transfers at undervalue to employees or directors 181
- transfer of assets under a court order 1051
- transfer of shares within a group-QCBs 372
- Trusts
- authorised unit trusts & open ended investment companies 948
- connected persons and losses 56
- non-resident trusts 82, 204
- large land portfolios 813, 838
- valuation of assets at the date of death 209
- valuations applying Gray v IRC [1994] 337
- variation of inheritances following a death 194
- wines and spirits 686

Certificates Of Tax Deposit 1025

Certificates Of UK Residence
- for companies 989

Charities
- abnormal dividends received by tax exempt bodies 537
- capital payments by offshore trusts 573

Claims to relief
- carry back under SA 774
- claiming tax back on behalf of people who are unable to act for themselves 301
- late claims for loss relief 183

Clubs, societies and voluntary associations 600

Codes of Practice 69
- COP 10 information and advice 536

Commissioners
- Procedural rules for General & Special Commissioners 158
- Publication of decisions 258
- Referrals to during an enquiry 915

Companies
- relief for underlying tax paid by overseas subsidiaries 1063

Company purchase schemes 168, 208

Compensation
- Financial mis-selling, tax treatment of interest 1131

Construction Industry (The Multiple Turnover Tests) Expiry of ESC B52 879

Construction Industry Scheme 635, 667
- turnover tests 615
- workers 405

Controlled Foreign Companies - see under “International”

Corporate Venturing Schemes (CVS)
- Change of location 929
- guidance 940

Corporation Tax
- ACT - see under “Dividends & Distributions”
- automation of late filing penalties 1064
- chargeable gains: degrouping charges 116
- chargeable gains: indexation allowance, error in internet tables 991
- charges on income: company paying annuities 151
- employees business expenses receipts - retention requirements 925
- Groups
- group payment arrangements 684
- intra group interest 218, 554
- modernisation of group relief (FA 2000) 782
- loans to participators 14
- new Code of Practice for enquiries into company tax returns 682
- new Return forms 682
- Pay and File 65, 83, 340
- apportionments between Financial Years 340
- members’ clubs, societies and voluntary associations 600
- transition 304
- post-death variation 254
- Purchase of own shares
- by unquoted company 280
- QIS and group payment arrangements 645, 683, 831
- quarterly payments for large companies 960
- Statement of Good Practice for enquiries 1126
- transition to Pay and File: interest on repayments resulting from relief carry-backs 304

Dairy Farming - see under “farming”

Delaware Limited Liability Companies (DLLCs) 827

Discovery and Disclosure
- claims to error or mistake relief and discovery 817
- under self assessment 313

Dividends & Distributions
- abnormal dividends received by tax-exempt bodies 537
- ACT surrenders 196, 244
- Section 703 ICTA 1988: intra-group dividends 37
- stock dividends 102

Domicile - see under “International Tax”

Double Glazing - change of Revenue Practice 936

Double Taxation - see under “International Tax”

E-Commerce
- Tax in the electronic age 709

Electronic funds transfer 71

Employees
- coming from abroad to work in the U.K 955

Employee Share Plans
- conditional shares and related topics 731

Employer
- Help us to save your van drivers tax 1160
- Statement of Good Practice for ECR 1126

Employers & Employees - see under “Schedule E”

Enterprise Investment Scheme
- guidance 940
- income tax relief 924
- options over shares 197
- qualifying trades 240, 877
- raising money for qualifying business activites 305

Enterprise Management Incentives 844

Enterprise Zones: IBA on Partially Completed Buildings 553

Entertaining expenses - employees and office holders 679, 729

Equitable liability 245

Equity notes 68

Errors in returns
- error or mistake relief 117
- provisional figures & estimates
- relief & discovery 817
- Section 88 interest 61

Estates of deceased persons - see under “Inheritance Tax”

Euros - payment of tax in 633

Exchange gains and losses
- Matching 338

Expatriate tax/NICs issues 1032

Expenses - see under Schedule D or Schedule E

Extra Statutory Concessions
- ESC B53 amendment 927
- ESC A57 correction 423
- ESC A100
Compensation for Holocaust Victims 851
- ESC A101 Personal Pension Schemes 874

Farming
- arable area payments 108
- averaging
- transitional overlap profits 574
- when 97-98 shows a loss 575
- animal grants and subsidies 182
- BSE compensation 396
- compensation to agricultural and business tenants 303
- foot and mouth disease 890
- herd basis
- minor disposals without replacement 1024
- Inheritance Tax relief for tenanted agricultural land 241, 890, 891
- losses 814
- Milk Marque shares - October 1998 bonus issue 685
- milk producers SLOM compensation 127
- milk quota
- compensation for permanent cuts 128, 474
- inheritance tax 51
- receipts from residuary MMB 461
- ostriches 318
- short rotation coppices 252
- Sugar beet outgoers scheme 891

Fee protection insurance 1036

Finance Act 2004
- changes - management expenses 1145

Finance lessors
- Sections 44 to 47 Finance (No2) Act 1997 539

Form P11 D - see under “Schedule E”

Form 17 1008

Form R185 1025

Fraud
- new criminal offence for tax fraud 782

Furnished holiday lettings
- payments on account 356
- roll-over relief 33
- Sections 503/504 ICTA 1988 and Loss Relief Claims under Section 381 ICTA 1988 472

Gifts - see under “Capital Gains Tax” or “Inheritance Tax”

Group Relief UK branches of companies resident in the European Economic Area 961

Groups of Companies - see under “Corporation Tax”

Hansard Procedure
- Changes to the 979
- Regina v W 544

Herd basis - see under “Farming”

Heritage property - see under “Inheritance Tax”

Human Rights
- & Penalties 973

Income into capital (and vice versa) 438

Independent taxation
- interest paid on joint loans 14

Industrial Buildings - see under “Capital Allowances”

Information Powers
- information and penalty powers for CT QIPs 683
- Legal Advice 676
- Morgan Grenfel decision 993

Inheritance Tax
- accumulation & maintenance trusts 813, 892
- business and agricultural relief 182
- deceased estates - new procedures for income tax and capital gains tax 1043
- excluded property settlements by people domiciled overseas 398
- gifts with reservation 98
- “heritage” property 272
- payment of tax in person 577
- post-death variation of inheritance by survivorship 254
- relief for tenanted agricultural land 241
- retirement benefits 11
- settled property 320
- valuation of assets at the date of death 209
- variation of inheritances 194

Instruments Of Variation
- simpler rules for dealing with IOV’s for IHT & CGT purposes 957

Insurance
- assignment on divorce of life insurance policies,capital redemption polices and purchased life annuities 1071
- corresponding deficiency relief on life insurance policies 1111
- sickness and unemployment insurance 377

Interest (see also under “International”)
- business cessations and Section 86 interest 490
- changes to the interest formula 376
- charges on income - company paying annuities 151
- claiming tax back on behalf of people who are unable to act for themselves 301
- deduction of tax and tax relief at source 277, 381, 685
- Gross Payments of Interest 867
- interest on late payment of tax 58
- interest on late payments 422
- Interest on Section 350 Assessments 827
- Late Payment of Commercial Debts (Interest) Act 1998 686
- Loan Relationships
- accrual of purchase discount on loans repayable on demand 441
- definition of connected FA96/S87 parties who are not connected 488
- loan to acquire an interest in close company 101
- loan to buy into partnership 58
- loan to participator 14
- provision of certificates of interest paid to borrowers 210
- swaps held by non-corporates 1054
- treaty claims and loan interest 153, 631

International tax
- application for clearances, approvals & agreements 748
- certificates of UK residence for companies 989
- companies relief for underlying tax paid by overseas subsidiaries 1063
- company residence 179
- controlled foreign companies: 138, 317
- holding companies 249
- double taxation
- adjustment to foreign taxation 673
- agreement - Russian Federation 443, 762
- bought in foreign tax 441
- credit relief Chile - additional tax 903
- credit relief Turkey - compulsory fund surcharge 903
- dividends from groups overseas 870
- employees and double taxation agreements 220, 357
- employment agencies operating in the Netherlands 1026
- Federal Excise Tax (FET) – UK/USA 1110
- French national service volunteers 307
- Germany - withholding tax on certain income 207
- Hong Kong after 1997 357
- provisional treaty relief (PTR) scheme 668
- relief for underlying tax 495, 626, 673,1007
- treaty claims and loan interest 153, 631
- update on DT conventions and Double Contribution Conventions 842, 861, 892, 959, 1045
- Double Taxation Relief: Tax Consolidations within S803A 911
- financial global trading 617
- foreign entity classification 807
- foreign entities - Memec plc v CIR 627
- intra-group interest 218
- Investment Manager Provisions FA 1995` 829
- non-resident trusts 82, 204
- Offshore Funds Legislation 1152
- offshore trusts and “protected settlements” 620
- Personal Residence: ‘Mobile Workers’ living in the UK 836
- Residence and Ordinary Residence
- employment: meaning of “full-time” 57
- non-residents trading in the UK 237
- residence rulings and domicile (SA) 425
- visitors to UK: residence 130
- year of arrival 599
- year of departure 576
- review of links with business - International tax issues 943
- Section 739 - transfer of assets abroad 651
- stock exchanges (recognised overseas) 657
- Tax Treaty Network update 656
- The Taxation of Share Options: Internationally Mobile Employees 883
- transfer pricing
- advance pricing agreements 697
- and the arbitration convention 465, 575
- financial transactions 580
- penalties 603
- record keeping 579

Internet - see Revenue web-site at www.inlandrevenue.gov.uk
- E-Commerce - tax in the electronic age 709

IR 35
- composite and Managed Service Companies and the ‘Service Company’ legislation 1165
- composite service companies and the‘Service Company’ Legislation 956
- frequently asked questions 751
- providing service through an intermediary
What happens next? 819
- provision of personal services through
Intermediaries 715
- service company legislation & international issues 1016

IRU’s clarification of FA 2000 provisions 815

ISA’s
- annual limits 1026

Large Business Office
- Statement of Good Practice 1126

Limited Liability Companies
- Delaware LLC 827
- Partnerships 801

Link Papers
- how the figures in the accounting records feature in the return 1031

Loan Relationships (see also under “Interest”)
- accrual of purchase discount on loans repayable on demand 441
- deduction of tax at source from interest 685
- definition of connected FA96/S87 parties who are not connected 488
- and partnerships 987

Long-Life Assets (Capital Allowances) 445, 552

Losses
- late claims 183
- Section 503-4 ICTA 1988 and loss claims under Section 381 472

Manufactured Payment
- unallowable purpose provision 1132

Mariners
- offshore manning arrangements 785

Medical check-ups
- Schedule E benefits in kind 74

Milk quota - see under “Farming”

Money Laundering Regulations 2003 1099

Motor cars - see under “Cars”

National Insurance Contributions
- Aggregation of Earnings and“Not reasonably practicable test” 767
- changes to NIC’s from 6 April 2003 991
- Decisions and appeals 659
- EU Enlargement and NICs 1101
- Late Notification Penalty 887
- Liability on payments into FURBS 1037
- Penalties for Inaccurate NICs 749
- Personal Liability Payments 868
- Revised special rules for entertainers 1033
- Schedule D Cases I & II: personal pension contributions 74, 134
- & Statutory Payments Act 1117

National Minimum Wage:
- impact on Directors 795

Non Residents
- trading in UK, the arms’ length principle 237
- working in the UK for short periods - the “60-day” rule 1069

Online Filing & Electronic Payment 1073
- Agents and tax practitoners 1168
- employers 1084
- employer’s Annual Returns 2004-05 1155
- Handbook 1124
- impact on Insolvency; Liquidations; Receiverships; Administrations; Bankruptcies And Voluntary Arrangements 1157
- Online filing for 2004-05 & 2005-06 1151
- quality standard 1137

Ostrich farming 318

Partnerships
- continuation basis, late elections 56
- interest paid on loan to buy into partnership 58
- limited liability partnerships (LLPs) 801
- loan relationships 987
- Schedule A - ancillary letting income 513
- Self Assessment
- continuation elections 214
- due dates - composite partnership assessment for 1996-1997 286
- extended time limits 339
- new procedures for taxing partnerships 146
- transitional issues - partnerships 450

Pay and File - see under “Corporation Tax”

PAYE - see under “Schedule E”

Payroll Giving 792

Payments in lieu of notice (Pilon’s) 325, 999

Payments on account:
- furnished holiday lettings 356

Penalties
- amendments to SA returns and penalty implications 597
- daily-for outstanding SA returns 915
- reasonable excuse for late filing of tax returns and surcharges 527
- NICs: late notification penalty 887
- Stamp Duty Reserve Tax - failure to notify liability 589
- transfer pricing 603

Pensions, pension contributions, pension schemes
- Alterations to Old Pension Funds–Pension Sharing on Divorce 844
- counteraction of tax advantages 31
- inheritance tax: retirement benefits under private pension contracts 11
- loss of approval 906
- New ESC A101 874
- organisational change 904
- personal pensions: carry back of premiums under SA 361, 396, 443
- pension sharing on Divorce or Nullity 790
- retirement annuities - provisional relief 19

Pension Schemes Office updates
- Memorandum No 119: Building Society investment 170
- synopsis 272, 320, 358, 474, 492, 535, 622, 700, 788, 905

Plant and machinery - see under “Capital Allowances”

Powers of attorney 51

Private residence relief - see under “Capital Gains Tax”

Profit Related Pay schemes:
- PRP as a Permitted Adjustment 457
- PRP and Financial Reporting Standard 11 759

Prosecutions
- “Hansard” Regina v W 544

Rebasing - see under “Capital Gains Tax”

Recognised stock exchanges overseas 657

Record keeping requirements
- Self Assessment (IT & CT) 587
- transfer pricing 579

Recovery of Tax & Primary NICs from an Employee – New Appeals provisions 1108

Reform Of Financial Regulation in the U.K
- Tax Implications Of 924

Registered Social Landlords (RSL)
- large scale transfers of local authority housing 1145

Relocation packages - see under “Schedule E”

Remuneration - see under “Schedule E”

Repayment claims 343
- administrative changes 134

Repos
- price differential 266, 1052

Residence and ordinary residence - see under “International Tax”

Retirement Annuities - see under “Pensions”

Roll-over relief - see under “Capital Gains Tax”

Schedule A
- service charge funds and sinking funds 770
- furnished holiday lettings (Payments on Account) 356, 472
- income from UK Property
- basis periods: partnerships with ancillary letting income 241, 513
- repairs to let, Computation Of Profits 935

Schedule D Cases I and II
- accountancy expenses and SA enquiries 596
- employee share ownership trusts 399
- error or mistake 117
- farming - see under “Farming”
- legal expenses
- termination of employment 170
- letting surplus business accommodation 115
- personal pension contributions: Class 4 NIC 74
- subsistence: self-employed lorry drivers 88

Schedule D Cases III - VI
- meaning of source (see also TB 10) 100, 107

Schedule E
- relocation packages 122
- ESC A85 211
- share related rewards 109
- transfers of assets at undervalue 181
- vans available for private use 96
- double taxation 220, 357
- employees coming from abroad to work in the UK 955
- emoluments in respect of duties performed in the UK Case II Sch E 996
- PAYE coding allowances & section 203D ICTA 1988 998
- PAYE - relaxation for short term business visitors 998
- UK resident & ordinarily resident employees working overseas 999
- employee share schemes
- implication for SA 351
- phantom share scheme 19
- valuation of shares-unquoted companies 374
- employment status of construction workers in the film & TV industries 775
- Foreign earnings deduction (FED) – meaning of ‘Ship’ 913
- Foreign Nationals 931
- substitute form 334
- PAYE
- annual payments 196
- self assessment changes to the PAYE Regulations 333
- personal residence: ‘Mobile workers’living in the UK 836
- profit related pay schemes 457
- profit related pay and financial reporting and standard 11 759
- remuneration in shares subject to risk of forfeiture 545
- secondment - employees in UK 805
- service companies
- frequently asked questions (IR35) 751
- provision of personal services through intermediaries 715
- termination payments
- legal costs 101, 170

Schedule F Income and Trustees 629

Section 703 ICTA 1988
- intra-group dividends 37
- late submissions 656
- pension funds 31
- share buy backs 590
- Sheppard & Sheppard v CIR 90

Sections 765 and 765A ICTA 1988 Treasury consents 746, 788

Securities - see under “Shares & Securities”

Self Assessment - see also Special Editions 1 & 2 and supplement to 2
- accountancy expenses incurred 596
- amendments to returns and penalty implications 597
- allocation of investment income 371
- anti-avoidance provisions in Schedule 22 FA 1995 434
- claims carryback under SA 774
- cessations of businesses and S86 interest - new ESC 510
- daily penalties for outstanding returns 915
- Steeden v Carver 705
- discovery and disclosure 313
- discovery provisions with an open enquiry window 875
- employee share schemes 351
- getting up to date 111
- insolvency 530
- late filers 1067
- Machinery Legislation (ITSA) 850
- overlap profit
- apportionment 597
- recording overlap profit carried forward 597
- partnerships
- continuation elections 214
- due dates - composite partnership assessment for 1996-1997 286
- extended time limits under S36(2) 339
- new procedures for taxing partnerships 146
- transitional issues - partnerships 450
- PAYE
- claims to PAYE coding 350
- payments on account 174
- pension contributions carry back 361, 396, 443
- provisional figures in returns 916
- provisional relief 327
- reasonable excuse 527
- record keeping - CTSA and ITSA 587
- residence rulings and domicile 425
- section 703 742
- short tax return 1079
- standard accounts information (SAI) 436
- statements of account 509, 656, 673
- the deadline for Surcharge of late paid tax 826
- transition to the current year basis 111
- transitional arrangements
- submission of accounts 225
- transitional issues:
- claims under Section 383 ICTA 1996 for 1995-96 286
- trustees of certain pension schemes 628

Shares & Securities
- Building Society windfalls 517
- consortium relief 372
- EIS - see under “Enterprise Investment Scheme”
- equity notes 68
- purchase of own shares by unquoted company 280
- qualifying corporate bonds (QCBs)
- consideration on share exchange 57
- devolution on death 46
- gift to charity 21
- transfers within a group 372
- recognised overseas stock exchanges 657
- remuneration in shares - see under “Schedule E”
- repos 1052
- share buybacks and Section 703 ICTA 1988 590
- share option awards & transfer pricing“Waterloo” plc 1002
- share option schemes
- phantom share scheme 19
- share related rewards 109
- share reorganisations - open offers 148
- Share options - internationally mobile employees – tax issues 883, 951
NICs issues 895
Sheppard and Sheppard v CIR 90

Sickness and unemployment insurance 377

Social Security (Contributions)
- Share Options 907
- Gratutities and offerings (amendment) 1121

Solicitor’s accounts and savings income taxed at 20% 512

Special Commissioners Publication of decisions 258

Stamp Duty
- Changes to 1059
- Finance Act 1994 234
- litigation
- unstamped documents contingency principle 459
- new rates and certificates of value 491
- PFI projects 694
- Stamp Duty Land Tax – compliance 1115
- Stamp Duty Land Tax: Group Relief 1104
- correction to Para 43 in issue 70 1123
- Stamp Duty Reserve Tax –interest and penalties interaction with Stamp Duty 693
- penalties for failure to notify 589


Statements of Practice
- Investment Manager Provisions FA 1995 829
- SP 02/04 : Allowable Expenditure
- expenses incurred by personal representatives & corporate trustees 1147
- SP 3/92 DTR: status of the UK’s DTC with former USSR and with newly independent states 921
- SP 8/92 hold-over relief 417
- SP 13/93 roll-over relief 672

Subsistence - see under “Travel & subsistence”

Surcharge
- late paid tax 904

Taper Relief
- Employee Shares Held in Trust 829
- Exemption for disposals by companies with substantial shareholdings 982
- Meaning of ‘trading company’ and related issues para 22 Schedule A1 TCGA 1992 852

Taxation of chargeable gains
- sale of Trust Interests & transfers linked to trustee borrowing 1048

Tax Bulletin “Specials” - see end of index for details

Tax credit relief - see under “International tax”

Tax law rewrite: 264
- core legislation 1057
- draft income tax (earnings & pensions) Bill 975
- draft income tax (trading & other income) Bill 1112
- first rewrite Bill 760
- rewrite of savings and investment income 592
- the way forward 335
- updates 675, 687

Tax treaties - see under “International tax”

Telecommunications
- licences & other rights to use telecommunications cable systems 1094

Teleworkers
- Reimbursed expenses & benefits for employees working at home 1068

Termination payments & benefits
- repayment clauses in compromise agreements 1063

Tips, Gratuities, Service Charges & Troncs 1081
Transfer pricing - see under “International tax”

Travel and subsistence
- self-employed lorry drivers 88

Trusts
- Accumulation and Discretionary 1120
- employee share ownership trusts 399
- exempt demergers 162
- liability at the rate applicable to trusts 373
- Management Expenses 1113
- new form 41G (Trust) 919
- non-resident trusts 82, 204, 888
- offshore trusts and “protected settlements” 620
- relief for trustees - mineral leases and timber cropping 374
- Schedule F income and trustees 629
- Share Scheme 937
- tax obligations of trustees and beneficiaries of bare trusts 395, 486
- unit trust umbrella schemes 419

Valuations
- guidance on property 1008
- post transaction checks 401
- valuations applying Grey v CIR (1994) 337

Venture Capital Trusts
- funding of management buy-outs 243
- guidance 940
- co-investment and the control rule 471

Visually Impaired Media Unit 1159

Wines And Spirits: CGT Treatment 686

Special Editions
February 1997: SA Legislation - Finance Act 1996
July 1997: SA Enquires into Tax Returns
May 2001: Foot and Mouth Disease
December 2002: Research and Development
April 2003: UK/US Double Taxation Agreement
December 2003: Amendments to NICs Legislation

Superseded

The following articles have been superseded since index 2003 by:

Employment Income Manual (EIM)
Double Taxation Relief Manual (DT)
Construction Industry Scheme Manual (CISM)
Inspectors Manual (IM)
Independent Taxation Manual (IN)
Business Income Manual (BIM)
Corporate Finance Manual (CFM)

Issue Title of Article Page

1

Schedule E - Benefits in kind

3 - Superseded by EIM23532

2

Beneficial loan purchase by directors

12 - Superseded by EIM26135

2

Interest paid

13 - Superseded by IN1150

3

Expenses: Dispensations

19 - Superseded by EIM30051

3

Medical check ups

74 - Superseded by EIM21765

9 Interest relief: S360 ICTA 1988 101 - Superseded by IM3804

11

SA Partnerships

124 - Superseded by BIM72200 onwards

12

Sch E: Beneficial loans

157 - Superseded by EIM26158

14 Company cars P11D reporting 176 - Superseded by EIM23122, EIM23198& EIM23184
15 Tax credit relief for Californian tax 194 - Superseded by DT19855

18

Tax credit relief: South African secondary tax 244 - Superseded by DT17351(b)

19

Sch D:Tax treatment of video tapes acquired for rental

254 - Superseded by BIM67200

19

Sch E: Employers liability & indemnity relief

257 - Superseded by EIM30500

20

Repos: “Price differential”

266 - Superseded by IM4326

22

Petroleum Revenue Tax - expenditure claims

302 - Superseded by OT04780

24

The exchange gains and losses - matching

338 - Superseded by CT13700

25

Incidental costs of Corporate borrowing - S84

356 - Superseded by CT12359 & CFM5210

26

Incidental costs of loan finance

373 - Superseded by CT12359 & CFM5210

28 Deductions of tax from interest paid to financial
institutions in the Irish Republic
419 – Superseded by DT9858

29

SP4/85 - interest on loans to buy land

437 - Superseded by BIM45755

29

UK/US Double Taxation Convention

441 - Superseded by DT19853A
32

Loan relationships - definition of “connected”

488 - Superseded by CFM5420, CFM5404 & CFM5410

32

Relief for underlying tax

Country specific’ paragraphs in DT manual
33

Taxation of commission - cash & discounts

505 - Superseded by BIM40655 onwards and BIM64600 onwards

34

Employer provided childcare

531 - Superseded by EIM21915 - EIM21930

40

Construction Industry Scheme

635 - Superseded by Leaflets IR14/15(CIS)

41

Construction Industry Scheme

667 - Superseded by CISM3141

42

Business Entertainment: employees & office holders

679 - Superseded by EIM32590 onwards

45

Business Entertainment

729 - Superseded by BIM45033

49

Sch E: Benefits in kind: part business/part private use

779 - Superseded by EIM21636

50

CIS5 certificates: changes to eligibility criteria

815 - Superseded by Leaflet IR 40(CIS)

53

CGT Taper relief: meaning of “security”

858 - Superseded by CG17930

54

CIS: Multiple Turnover Tests (ESC B52)

879 - Superseded by CISM3215

56

Travel expenses of employees not domiciled in UK

900 - Superseded by EIM35050 and
EIM35055

64

Reimbursement of employees training expenses

1022 - Superseded by EIM01235

65

Employer reimbursement of employee bank charges

1039 - Superseded by EIM01010

65

Board of Inland Revenue statement: CIS certificates

1040 - Superseded by CISM3217 (App.2,partC)

Deletions

The following articles have been deleted since index 2003

  Tax Bulletin 1  
 

Interest paid on business loan used to fund proprietors overdrawn current/capital account

Page 4

 

CT: Legal expenses incurred by a company in respect of the purchase of its own shares

Page 4

  CGT: Ill health retirement relief Page 5
  Tax Bulletin 5  
 

CGT: Small capital distributions

Page 46

  Tax Bulletin 8  
 

CGT: Claims under Section 72 FA 1991

Page 87

  Tax Bulletin 9  
 

Deep discount securities - issued in a foreign currency

Page 100

  Tax Bulletin 11  
 

CGT: Compensation for permanent cuts in milk quota

Page 128

  Reinvestment relief Page 128
  Tax Bulletin 13  
 

Pension Schemes Office: Synopsis of Memorandum No 119

Page 170

  Tax Bulletin 16  
 

Taxation of Insurance and Personal Pension Scheme Commissions

Page 201

  Tax Bulletin 20  
 

Pension Schemes: Loss of Tax Approval

Page 266

  Retirement Relief: Definition of Personal Company
Page 268
  Tax Bulletin 21  
 

Record keeping requirement: Optical imaging

Page 283

 

Schedule D Cases I & II:
Acquisition of new business

Page 285

  Tax Bulletin 22  
  Self Assessment and 1996-97 Partnership assessing
Page 293
  Pension Schemes Office: Inspection visits Page 301
  Tax Bulletin 24  
  Inheritance Tax: Allowable deductions
- republication of existing concession
Page 341
  Tax Bulletin 25  
 

Deductions for Interest payable
- Section 337A ICTA

Page 357

  Tax Bulletin 26  
 

Self Assessment: 1996-97 SA Tax Return: Transitional rule to submit Standard Accounts Information (SAI)

Page 371

  Tax Law Rewrite: Plans for 1997 Page 378
  Tax Bulletin 27  
 

Operating PAYE on awards of tradeable assets

Page 385

  Self Assessment: 1996-97 payments on account
Page 387
  Tax Bulletin 29  
 

Section 148 ICTA 1988: Taxation of continuing benefits arising from employment
terminations

Page 427

  Schedule 7 Finance Act 1997 Page 429
  Tax Bulletin 31  
 

Self Assessment: Calculation of payments on account for 1997-98:
The 80% proportion

Page 470

  Use of ‘pence’ in Self Assessment Tax Returns
Page 470
  Tax Bulletin 32  
 

Error in Tax Calculation: Gains on Life Insurance

Page 487

  Removal of the requirement to send vouchers with claims to repayment of tax by or on behalf of individuals who are resident in the UK
Page 491
  Tax Bulletin 36  
 

Capital Gains Tax Reform: Publication of guidance

Page 577

  Tax Bulletin 37  
 

Employment Termination Settlements

Page 582

  Self Assessment: (1) Incomplete returns Page 593
  2) The use of provisional figures in returns Page 593
  Tax Bulletin 42  
 

Self Assessment Help Sheet IR204

Page 687

  Tax Bulletin 45  
  Self Assessment Tax Return guides Page 729
  Tax Bulletin 46  
  Non-resident landlords: Practical implications of New Transfer Pricing legislation at
Schedule 28AA ICTA 1988
Page 740
  Tax Bulletin 48  
  S28A & S28B TMA 1970:
Amending a Income Tax Self Assessment (ITSA) after an enquiry
Page 769
  Tax Bulletin 50  
  Interest charged on tax paid late Page 812
 

Tax Bulletin 52

 
 

Tax Barrister convicted

Page 841

  Tax Bulletin 53  
  Income Tax Self-Assessment (ITSA) Returns for 2000-01
Page 847
  Interest relief for companies within the service company legislation and construction industry scheme
Page 861
  Tax Bulletin 54  
 

Directions that ITSA Payments on Account do not apply

Page 875

  Increase in the Youth rate of the National
Minimum Wage
Page 879
  Tax Bulletin 56  
  Inheritance Tax: Wartime Compensation Payments
Page 903
  Tax Bulletin 58  
  Inheritance Tax Concession extended to include further Wartime Compensation
Payments
Page 926
  Tax Bulletin 61  
  Self Assessment:
Extension of deadline for PAYE Electronic Filers
Page 975
  Tax Bulletin 63  
  Important changes to the filing of employer End of Year returns
Page 995
  Tax Bulletin 64  
  New Tax Credits Page 1020
  Continuing obligation to deduct tax at source when a late budget is held
Page 1026
  Annual limits for ISA’s Page 1026
  Tax Bulletin 68  
  Business Income Manual Page 1076

Whilst every effort is taken to ensure the accuracy of the information in this bulletin, this cannot be guaranteed.

Should you find any errors please advise the Tax Bulletin Team. Tax Bulletin Index is covered by Crown Copyright. There is no objection to firms copying the Index for their own use. Anyone wishing to republish Tax Bulletin Index or extracts more widely should write for permission to:

Glenda Bishop
Room G12
New Wing
Somerset House
Strand
London
WC2R 1LB

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