Prior to the Finance Act 2006, the IHT treatment of trusts was relatively straightforward, such that if a beneficiary was named in a trust then that beneficiary ... Continue Reading
Lee Sharpe of TaxationWeb wonders if forcing HMRC to swallow credit card charges is really for the greater good. Films I enjoy watching films. I do not profess ... Continue Reading
LITRG is reminding people who received tax credits during 2016/17, and who have received renewal forms from HMRC, to act by 31 July so that their payments do not ... Continue Reading
The way in which you run your business will affect the amount and type of tax and National Insurance that you pay. When deciding on an appropriate structure for ... Continue Reading
Despite HMRC’s efforts, their IR35 assessment tool is fundamentally flawed, produces inaccurate results, and unless they go back to the drawing board it will ... Continue Reading
Limited Companies Limited Liability Companies As Asset ProtectionAs far as business is concerned, the limited liability company is probably the original and oldest ... Continue Reading
HMRC recently published their latest error and fraud statistics for tax credits covering the 2015-16 tax year: they are still struggling to deal with errors arising ... Continue Reading
We take a look at the latest developments in the intermediaries legislation. The prognosis is not good. Introduction Many readers will know already that the 2017 ... Continue Reading
As the P11D season is now upon us, a timely reminder of developments in the reporting process for 2016/17 forms. Introduction The P11D regime for reporting employee ... Continue Reading
Capital Gains Tax (CGT) is charged in the following situations, the exact circumstances of which determine who is liable for the CGT, if due. On creation of ... Continue Reading
