News
Tax
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The various VAT ‘flat-rate’ schemes were originally set up with the ostensible purpose of simplifying the VAT process for those using them, while being essentially revenue neutral for HM Revenue...
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One area in which problems may not be anticipated is when a family member’s status as a ‘genuine’ employee is disputed by HM Revenue and Customs (HMRC). For any...
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For a person who has no need of the income from a family company, a dividend waiver, which allows other shareholders to receive dividends but not the person who has...
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HM Revenue and Customs (HMRC) have recently carried out research on the ‘sharing economy’ – by which people share skills, resources, time or property with one another without cash changing...
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Failing to pay taxes due because of insufficiency of funds with which to do so has repeatedly been challenged by HM Revenue and Customs (HMRC) when a defaulting taxpayer has...
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When managing taxes, there can be few errors as expensive as failing to register for VAT if you should have done so, as a recent case shows. One area of...
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