The following Environment practice note provides comprehensive and up to date legal information covering:
STOP PRESS: This overview is being updated in light of the Finance Act 2018 and other amendments to landfill tax, the aggregates levy and climate change levy coming into force on 1 April 2018.
HMRC has power to require security from a registered person if it considers that there is a risk that a business will not fully meet its obligations to pay:
Insurance Premium Tax
Climate Change Levy
It is a criminal offence to continue to trade following the issue of a Notice of Requirement to give security. Specific offences are:
Insurance Premium Tax—entering into taxable insurance contracts (as defined by Finance Act 1994, s 73(1)) without giving security
Landfill Tax—carrying out taxable activities (as defined by Finance Act 1996, s 69(1)) without giving security
Aggregates Levy—being responsible for commercial exploitation of any aggregates as defined by Finance Act 2001, s 17 within the UK without giving security
Climate Change Levy—being liable to account for the levy on a taxable supply or being liable to account for the levy on a taxable supply (as defined by Finance Act 2000, Pt II, Sch 6, Pt XIII) made
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and thousands of others like it, sign-in to LexisPSL or register for a free trial.
Existing user? Sign-in
Take a free trial
Tipping off and prejudicing an investigationIt would undermine the benefit to the authorities if, a suspicious activity report (SAR) having been made, the alleged offender were to be made aware of the interest in their activities so that they could take steps to cover up their misdeeds or disappear.
Private nuisancePrivate nuisance is an unlawful interference with a person's use or enjoyment of land or some right over or in connection with it. Interference must be unreasonable, and may be caused, eg by water, smoke, smell, fumes, gas, noise, heat or vibrations. Where the defendant has not
The Financial Conduct Authority Handbook (FCA Handbook) includes sourcebooks to regulate the conduct of business by a regulated firm relevant to insurers: the Conduct of Business Sourcebook (COBS) and the Insurance Conduct of Business Sourcebook (ICOBS). This Practice Note considers how these
The Standard Conditions of Sale (SCS), currently in their 5th edition (2018 revision), are a set of standard conditions which are commonly incorporated into contracts for the sale of residential property. The Standard Commercial Property Conditions (Third Edition—2018 Revision) (SCPC) are used for
0330 161 1234
To view our latest legal guidance content,sign-in to Lexis®PSL or register for a free trial.