The Property Planet

HMRC Spotlight 63 and Portfolio Incorporation

November 17, 2023 Simon Howley ATT (Fellow), CTA, ATA, AFA, MIPA and Amanda Perrotton LLB TEP Solicitor Season 1 Episode 23
The Property Planet
HMRC Spotlight 63 and Portfolio Incorporation
Show Notes

In this podcast episode we are joined by Dan Niedle and Patrick Way KC to discuss the unusual step that HMRC have taken in publishing Spotlight 63; the report written by Dan with collaboration from many industry specialist and published by Tax Policy Associates Ltd and Patrick's view of the starting point for the courts - is this tax avoidance?

We discuss the detail of the scheme highlighted by the spotlight and others, the tax and legal implications and what to do next for those caught up in the fall out.

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