8 March 2010 | Shimon Shaw
A VAT windfall could be in the pipeline for UK businesses two European cases result in favourable judgements in relation to input tax claims on business entertainment expenses.
The Advocate General,...
Tags on this discussion: business entertainment ECJ HMRC tax Taxation VAT
4 March 2010 | Shimon Shaw
As one of several measures to curb tax avoidance, rules will be introduced from 1 April to post the names of tax dodgers on the HMRC website. This was announced previously but HMRC have just confirmed...
Tags on this discussion: avoidance evasion HMRC tax Taxation
26 February 2010 | Shimon Shaw
The last decade saw the rise of the private buy to let landlord. Many of these properties are jointly owned by spouses or civil partners. Without proper tax advice, the rental income will default to...
Tags on this discussion: buy-to-let HMRC property tax Tax Issues Taxation
22 February 2010 | Shimon Shaw |
The Treasury has today published a draft Tax Framework for business. This is intended to provide greater certainty for large businesses about the Government's approach to the development of tax policy....
Tags on this discussion: HMRC tax Taxation Treasury
18 February 2010 | Shimon Shaw
In what seems to me to be a slightly odd use of taxpayer's money, HMRC have decided to sponsor a new channel 5 TV show - the Business Inspector.
The justification of this is that the programme will...
Tags on this discussion: contract contracts copyright corporate data protection Employers intellectual property rights tax
17 February 2010 | Shimon Shaw |
Happy new year to all those celebrating the start of the Year of the Tiger.
I will be celebrating the Year of the Tax Hike, which is due to start on 6 April.
Anyone with a better name, please share...
Tags on this discussion: Capital Gains Tax HMRC Income Tax tax Tax Planning Taxation
15 February 2010 | Mark Tudor |
HM Revenue & Customs (HMRC) has introduced its inappropriately named “Tax Health Plan” which is an opportunity for medical professionals such as doctors, medical specialists, surgeons and consultants...
Tags on this discussion: HM Revenue & Customs HMRC Intention to disclose Tax Health Plan Tax penalties
12 February 2010 | Shimon Shaw
The Liechtenstein bank LGT Treuhand (now known as Fiduco Treuhand) has been ordered to pay €7.3m to one of its customers, to compensate him for being prosecuted for tax evasion in Germany.
Heinrich...
Tags on this discussion: banking banks Fidco Treuhand LGT Treuhand liechtenstein tax taxes
10 February 2010 | Shimon Shaw |
HM Revenue & Customs (HMRC) has issued an urgent alert to employers – important PAYE changes are coming this spring, so make sure you’re prepared for them.
HMRC will write to all employers...
Tags on this discussion: CIS construction industry scheme Employers HMRC Income Tax National Insurance PAYE tax Taxation
8 February 2010 | Shimon Shaw
There has been clarification by HMRC on the taxation of certain capital gains tax losses from transactions on foreign currency bank accounts as well as two new concessions.
The losses referred to...
Tags on this discussion: banking domicile HMRC offshore remittance residents tax