Tax and Financial Planning

• Businessman Reaps Whirlwind After Years of Inattention to His Tax Affairs

  • Posted4 December 2023

  Those whose tax affairs are allowed to fall into disarray must live in permanent fear that HM Revenue and Customs (HMRC) will in due course descend upon them. Such anxiety...

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• High-Interest Loans Can Be Vulnerable to Challenge – High Court Ruling

  • Posted30 October 2023

  Borrowers who take out loans at high rates of interest with their eyes wide open may have only themselves to blame. As a High Court case showed, however, such loans...

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• Woman Denied Non-Resident Status Faces Seven-Figure Tax Demand

  • Posted28 September 2023

  HM Revenue and Customs (HMRC) adopts a tough approach when considering whether a person who claims non-resident tax status has spent more than the permitted number of days in the...

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• Online Traders are Not Beneath the Tax Authorities’ Radar

  • Posted12 September 2023

  Some people who trade online do so in the fond hope that the income they generate will fall beneath the tax authorities’ radar. A tax tribunal ruling that left one...

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• Stamp Duty Avoidance Scheme Goes Pear Shaped – A Cautionary Tale

  • Posted24 August 2023

  Tax avoidance schemes are not always effective and can have serious unforeseen consequences. In a telling case on point, a man was required to pay the entirety of the Stamp...

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• Even Acts of Generosity Should Be Properly Documented – Cautionary Tale

  • Posted4 August 2023

  Even acts of generosity can lead to litigation if the basis for them is not professionally documented. That was sadly so in the case of a businessman who stepped forward...

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