TS was delighted to see the publication of the latest ruling in the Marks & Spencer loss relief saga. It will make those long, lonely winter nights so much more bearable reading the juicy details of what the most eminent judges in the land think about when loss relief should be calculated.
TS thought that this was the consensus view and that the general population would be just as excited.
So imagine our surprise when reading the judgment that Lord Justice Moses wasn’t quite as enthusiastic about his latest judgment. “New readers, if any remain, may learn the facts from the detailed findings of the Tax Chamber,” he said.
Not that he held much hope of this though. “I shall assume that there are no new readers but that they have grown old in their pursuit of finality.”
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states