Merry VATmas
VAT is not normally the subject of festive cheer – especially this year when we face a 2.5% increase just over the horizon. This article briefly reviews some of the happier VAT rules in connection with...
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Tax Issues
This team specialises in tax-led planning, including domicile and off-shore issues. We advise corporates, owner-managed businesses and LLPs on structuring, succession and tax issues. We have a particular reputation in dealing with complex issues involving tax and trusts and will find the most cost effective structure to meet the client’s needs.
Key team contacts
Iain Donaldson 01923 215048
iain.donaldson@mablaw.com
James Odds 01923 215038
james.odds@mablaw.com
Latest news and views about Tax Issues
RSSContested wills on the rise
According to new High Court statistics published in The Independent newspaper on 28 November, the number of people challenging wills through the courts has risen by 38 per cent over the past year - and...
A loan from the Bank of Mum and Dad creates an unexpected tax problem
The associated companies rules are a trap which have caught many people setting up businesses. In simple terms, where you have more than one “associated” company then the rate of tax for each will...
Taxes for 2011/2012
One thing you can't fault the current chancellor on is transparency. We know when the next budget is going to be and, painful though it is, the CSR gave us quite a lot of information about what the future...
Care home fees threaten wills
Newly-published research by health care analysts Laing & Buisson and the House of Commons Library has revealed that thousands of pensioners are being forced to sell their homes in order to pay residential...
Tax reliefs are now under review
The Government has asked the recently-formed Office of Tax Simplification (OTS) to carry out a review of all tax reliefs, allowances and exemptions for businesses and individuals.
All in all, over 1000...
VAT on professional fees for company in financial difficulties
A recent VAT decision of the Upper Tribunal will be of interest to companies in financial difficulty and their advisers.
HMRC v Airtours Holiday Transport Ltd [2010] UKUT 404 (TCC)
A large holiday...
Smoothie operator
Following on from recent VAT cases looking into the ins and outs of M&S teacakes (are they a cake or a biscuit) and Subway sandwiches (whether or not they were food...ahem hot food) we now have another...
New guidance on changes to employer-supported childcare
HM Revenue & Customs (HMRC) has published two new pieces of guidance to help employers and employees/parents understand the changes that will be made to employer-supported childcare from 6 April 2011.
Since...
Tax system explained in beer
I was just sent the following in an email.
I'm posting it since it's amusing and with no reflection of whether or not I think it is accurate. For one thing, if I have a hard time imagining the pub...
