HMRC have recently purchased advertising pointing out that offshore income and gains may be taxable in the UK. This is true. In general, for UK domiciled residents, all worldwide income and gains are taxable (even …
Those (like me!) who appreciate the significance of the above headline will be thinking ‘Tax is Fun’ and ‘This is Fascinating’. For the rest I challenge you to struggle on to the end. The case …
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Anti Avoidance HMRC Tax Planning Capital Gains Tax Sale of Company Eaves and Co Tribunal CasesThe Law is not an ass. It is a quadruped, designed by a committee, who, over many years and many different committee members, cannot quite recall whether they were designing a camel, a horse or …
I am a Tax Practitioner. As a Chartered Accountant and former Inspector of Taxes, I have always been taught [and sought] to act ethically. Unfortunately, I fear HMRC is at grave risk of becoming dysfunctional. …
A recent case was heard at the First-Tier Tribunal regarding the conflict between commercial decisions and tax avoidance motives (A Fisher, S Fisher, P Fisher v HMRC). It can clearly be seen that legally reducing …