2022

Bloodstock case fails trading tests for EIS

VAT margin scheme for horses: warning
Julie Butler FCA, Founding Director of Butler & Co Alresford Limited looks at the facts of HMRC’s VAT Margin Scheme’s Manual in relation to the sale of a horse.
Submitted by Julie Butler FCA, Founding Director and Lucy Knighton ACA MAAT, Managing Director of Butler & Co Chartered Accountants
Published in TAXline (Practical point 247)

Stud farm losses (follow-up to Practical point 135 published in the June issue of TAXline)
Submitted by Julie Butler FCA, Founding Director and Lucy Knighton ACA MAAT, Managing Director of Butler & Co Chartered Accountants
Published in TAXline

HMRC removes Thoroughbred Breeders’ Association agreement on stud losses
Submitted by Julie Butler FCA, Founding Director and Lucy Knighton ACA MAAT, Managing Director of Butler & Co Chartered Accountants
Published in TAXline

Stud losses
Julie Butler FCA, Founding Director of Butler & Co Alresford Limited and Lucy Knighton ACA MAAT, Managing Director of Butler & Co Chartered Accountants analyse the changes to the rules concerning stud losses as they appeared in the recently updated BIM 55725.
Published in TAXATION