Tax and Financial Planning

• Off-Plan Flat Buyer Wins Full CGT Relief in Test Case

  • Posted29 January 2020

  Can a purchaser of a property be said to ‘own’ it after contracts are exchanged but before the transaction is completed? The Court of Appeal’s answer to that fundamental question...

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• Failing to Keep Accurate Accounts is Like a Red Rag to the Tax Authorities

  • Posted8 January 2020

  Failing to take professional advice and keep accurate accounts is like holding a red rag up to the HM Revenue and Customs bull. In a case on point, an international...

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• Employee or Contractor? Broadcast Journalist Receives £400,000 Tax Bill

  • Posted23 December 2019

  Establishing a company to act as an intermediary between yourself and the clients to whom you provide your services can have substantial tax advantages. As a case involving a broadcast...

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• Loyalty Bonuses Taxable, Rules Upper Tribunal

  • Posted6 December 2019

  Investors using the popular online financial investment platform Hargreaves Lansdown (HL) may not have heard that the ‘loyalty bonuses’ they receive from HL have been deemed by the Upper Tribunal...

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• Facing a Tax Investigation? Don’t Bury Your Head in the Sand!

  • Posted12 November 2019

  If you are facing an investigation by the tax authorities, your very first step should be to seek professional advice. One taxpayer who sadly chose not to take that course,...

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• HMRC Miss Tax Avoidance Target By Raising Assessments Too Late

  • Posted29 October 2019

  When HM Revenue and Customs (HMRC) find out that tax has been under-declared, the response is normally to raise a ‘discovery assessment’ to collect the tax due. This is usually...

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