MPs Set to Grill Accountants on Tax Avoidance Schemes It has long been the case that those who use tax avoidance schemes have borne the brunt of the authorities, but now those who provide... Read More
What are the Paradise Papers and who are Named in the Scandal? The leaked Paradise Papers reveal how large multinational corporations, such as Apple and Nike avoid paying taxes, and how the world’s rich and famous, including... Read More
HMRC’s Powers to Name and Shame Tax Evasion Enablers Comes into Force New powers this year allow HMRC to publicise the identities of parties deemed to be promoting tax evasion. First announced in George Osbourne’s Autumn Statement, this... Read More
Government announces ‘Call for Evidence’ regarding Bonding Arrangements for Insolvency Practitioners: Too much red tape puts a regulatory burden on businesses – that’s the theme of the government’s Cutting Red Tape programme which is reviewing thousands of bureaucratic regulations... Read More
New Consultants Dividends Tax Rules for Limited Companies Paying a dividend has always been one of the most tax efficient ways of taking money out of a limited company, but new dividend tax... Read More
HMRC Tax Investigation Team Cases Remain Unresolved after Three Years HMRC has always been quick to call into question company tax returns it believes are either mistakenly or intentionally inaccurate, but it seems HMRC’s Tax... Read More
Directors Made Liable for Tax Errors? There are some circumstances in the running of a limited company or a limited liability partnership when the protective veil of incorporation can be penetrated... Read More
Lengthy Disqualifications for Four Directors Involved in VAT Fraud Four directors of unconnected businesses based in Cardiff and Cambridgeshire have been disqualified from acting as company directors for a combined period of 48 years... Read More
Three Company Directors disqualified and Pay the Price for Neglecting HMRC The sole director of a web hosting provider and the mother and son owners of an import company have learnt the hard way that neglecting... Read More
HMRC Changes Tack on overpaid VAT Repayments Arising out of Insolvency A landmark legal case in the Administrative Court has led to a change of tack by Her Majesty’s Revenue & Customs in the way it... Read More
VAT Conman Sunk after Investing Proceeds in Replica U-Boat A businessman who funded a fantasy lifestyle by stealing from the public purse has had three businesses wound-up and been jailed for four years. An... Read More
HMRC investigation and disqualification of Tax Dodging Directors We start the new tax year with two directors who have received a directors disqualification order and a bankruptcy restriction for failing to fulfil their... Read More
