Public Sector IR35 proposals

Posted on July 11, 2016

HM Revenue & Customs in July 2015 issued an Intermediaries legislation (IR35) discussion document where they were exploring options to make the intermediaries...

What is the future of buy to let?

Posted on June 18, 2016

Some things just get you thinking, this week it was a radio advertisement for new build flats in Maidenhead, a buy to let hotspot with Crossrail on the way. The...

Taxpayer saved huge tax bill over HMRC admin error.

Posted on June 13, 2016

A case which has attracted tax advisers interest is a first-tier tribunal case defeat through sloppy HMRC admin. HMRC wrote to Michael Mabbutt saying his tax return for...

HMRC target tax schemes – an alternative view

Posted on May 20, 2016

HMRC target tax schemes is a familiar headline in most newspapers these days, often it includes the words tax cheats, and tax avoiders. Even people suspected as tax...

The People with Significant Control (PSC) register

Posted on April 28, 2016

What is the PSC register? The Small Business, Enterprise and Employment Act 2015 introduces material changes to UK company law. One of these is the introduction of a new...

Panama Papers , a windfall for HMRC

Posted on April 20, 2016

The main political story of the last couple of weeks has been David Cameron’s personal tax affairs. This is surprising, given how near we are to a European Union...

What is salary sacrifice and how does it benefit you

Posted on April 13, 2016

A salary sacrifice arrangement to quote HMRC  ‘is an agreement between an employer and an employee to change the terms of the employment contract to reduce the...

HMRC target the wealthy

Posted on March 31, 2016

Do HMRC target specific groups? Yes, HMRC have targeted specific groups previously, examples being the let property campaign , doctors and dentists, plumbers....

Budget 2016

Posted on March 17, 2016

Here are the headlines: Allowance and Rate Bands The Personal Allowance will increase from £11,000 in 2016/17 to £11,500 in 2017/18. The Basic Rate Limit will increase...

The end of the personal tax year is approaching.

Posted on February 29, 2016

At this stage in the tax year you should take some time to review the amount of income (salary and dividends) which has already been drawn from your company in the...

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