The Low Incomes Tax Reform Group (LITRG) has called for changes to avoid people being discouraged from starting self-employment and existing claimants being forced ... Continue Reading
Not so much a broadside as a 50-page sustained bombardment, HMRC lost this penalty case – badly. And rightly so. And our work gets a mention, too. Introduction Readers ... Continue Reading
LITRG has produced a new factsheet in partnership with PRISM on ‘working through an umbrella company’ to support temporary workers having to grapple ... Continue Reading
Tax Saving Through Joint Ownership – Summary Of BenefitsThe precise saving potentially to be made will depend on the particular circumstances, with due regard ... Continue Reading
Why Set Up A Trust?When a person makes an outright gift to someone, either during their lifetime or on death in their will, the new owner assumes all rights over ... Continue Reading
LoansOne of the many ways to extract cash from your family company is for the company to lend you money. This can be a useful source of short-term finance and, used ... Continue Reading
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
