Eaves & Co Leeds, have advised recently on two areas where tax might have been paid twice on the same income:-
- A FURBS which paid tax on its income and the trustees suffered PAYE on the same income. Tax credit relief and ESC A68 may be available.
- Two cases where profits have been taxed in the US and our UK client wishes to avoid double tax by also paying UK tax.
If you have a case where tax may be payable twice we would be pleased to discuss how relief may be available.