Another week and another case involving a failed tax avoidance scheme. This time, perhaps more worryingly, HMRC were arguing that the return was submitted fraudulently or negligently by the taxpayer and therefore sought the extra …
This Blog is addressed to All Accountants. The majority of you will give ‘tax advice’, but would you care to pay your clients’ tax bill if it proves to be technically incorrect? [Under the proposals …
Categories:
Anti Avoidance HMRC Tax Planning Capital Gains Tax Income tax Company Restructuring Entrepreneurs' Relief Close CompaniesAs you may be aware, new rules are being introduced with effect from April 2016 as part of the Finance Act 2016. These relate to distributions in a winding-up/liquidation and are designed to target certain …
Here is a conundrum. A long, long time ago … in a galaxy far, far away (a.k.a. York, England 1981) I was a newly created Inspector of Taxes. I was taught that the tax rules …
I thought you may be interested in this story I found on MSN regarding IR35: Budget to close tax loophole which disguises employees as freelancers: https://bit.ly/1RZho2f Unfortunately, I was unable to contact Sam Lister ahead …