Search

What has changed?

The three-stage approach remains: a covering letter, schedules of services, and standard terms and conditions of business.

I have a client who is eligible to join the scheme and will save a lot of tax compared to normal VAT accounting. He has asked if he can backdate his entry to create an extra tax windfall.

The debate about tax avoidance continues unabated, with the controversial leaking of the ‘Panama papers’ adding fuel to it.

In the May 2015 issue of Tax Adviser, I wrote about the Upper Tribunal’s decision in R (oao Higgs) v HMRC [2015] UKFTT 92 (TCC).

Before addressing taxation issues, timing requires some mention of the so-called ‘Panama papers’.

Consider this scenario: a recently retired couple sell their family home for £1m with a view to downsizing.

As tax advisers know only too well, where there are rules there are exceptions; the UK corporation tax treatment of dividends is no different.

This article looks at the memorandum of understanding (MoU) between the British Venture Capital Association (BVCA) and HMRC on the income tax treatment of managers’ equity investments in venture ca

Tax is at the top of the political agenda and many substantial changes are taking place, partly as a response to political and popular pressure resulting in the Base Erosion and Profit Shifting (BE

Big Bang’ announcements provide wonderful soundbites for the press. Yet many fail on implementation.