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...
Latest news and views tagged tax
RSSTax 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...
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...
The cost of being a grandparent rises to £120,000
Research carried out by NSM Research on behalf of Yours magazine has concluded that the average cost of being a grandparent (over the first 18 years of their grandchild’s life) is £50,252. If the...
October tax return deadline looms
Anyone sending in their 2009/10 Self Assessment return on paper has just a few days left to file their return by the 31 October paper-filing deadline.
If you miss the deadline it could be costly, as...
Changes to Pensions
As we have reported previously the Government have been looking at restricting Pensions relief for some time now.
The Treasury have just now issused the following press release, which we will consider...
Legal Services Consumer Panel asks for views on the will-writing industry
The Legal Services Consumer Panel has recently published a document asking for members of the public, lawyers and interested organisations to give their opinions on the will-writing industry and to provide...
HMRC investigates HSBC account holders suspected of tax evasion
As was reported in the Sunday Telegraph, HMRC has written to more than 200 HSBC account holders who are believed to have failed to declare huge sums of interest from private deposit accounts held with...
