Tax

• Banks Score £100 Million Tax Saving on Employee Bonuses

  • Posted12 September 2014

  Two leading investment banks have achieved tax savings of almost £100 million after the Court of Appeal accepted that schemes designed to avoid payment of Income Tax (IT) and National...

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• Failure to Recommend Offshore Tax Avoidance Scheme Not Negligent

  • Posted27 August 2014

  The Court of Appeal has overturned the decision of the High Court that a firm of accountants had acted negligently when it failed to point out tax saving opportunities to...

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• FURBS NIC Case Decided in Favour of Taxpayer

  • Posted12 August 2014

  Funded Unapproved Retirement Benefit Schemes (FURBS) were a popular tax-planning device for higher-paid employees until legislation in 2006 made them ineffective by making contributions to a FURBS no longer qualify...

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• HMRC to be Given Powers to Enforce Payment

  • Posted24 July 2014

  Under proposals outlined in the recent Budget, from 2015 HM Revenue and Customs (HMRC) are to be given new powers to access the bank accounts of ‘tax debtors’ in order...

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• Electronic Services – Get Ready for New VAT Rules

  • Posted11 July 2014

  If you supply electronic products (telecommunications, broadcasting and e-services) to non-business customers through online sales, you should start thinking about how you will comply with the new VAT ‘place of...

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• Landlord’s Service Provision Does Not Justify Tax Relief Claim

  • Posted20 June 2014

  Another tax case has shown how difficult it can be for landlords to justify a claim that their income is trading income for the purposes of claiming Business Property Relief...

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