Tax

• Agricultural Planning Rules Relaxed, But Care Still Needed

  • Posted13 October 2014

  The relaxation of permitted development rights will mean that many holders of agricultural land will be able to develop buildings on their properties for residential purposes. In many cases...

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• HMRC Can Require Disclosure at Request of Foreign Tax Authorities

  • Posted26 September 2014

  When the Australian Tax Office (ATO) made a request to HM Revenue and Customs (HMRC) for information about a number of UK companies, HMRC was happy to comply with the...

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• 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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