Tax and Financial Planning

• Tax Bill Brought About by Break-Up Quashed

  • Posted22 August 2013

  When affairs of the heart went awry, a man faced an unexpected tax bill. The man decided to buy a property in 2001 when he was engaged to be...

  Read more

• Getting Your Money Back May Mean Massive Tax Bill

  • Posted2 August 2013

  When a Dutch man invested $1,400,000 (half from the sale of his house in the Netherlands and half borrowed) in a bundle of life assurance policies, he did not anticipate...

  Read more

• Tax Saving Advice Compulsory, Rules Court

  • Posted22 July 2013

  A firm of accountants which failed to point out tax saving opportunities to a client when he sold his company was found to be negligent by the High Court recently. ...

  Read more

• Tax Case Cheer for Owners of Second Homes

  • Posted8 July 2013

  Many countries charge the equivalent of Capital Gains Tax (CGT) on the profits made when a person’s private residence is sold. The UK does not. In addition, the availability of...

  Read more

• Tax Evasion Leads to Prison and £500,000 Repayment Order

  • Posted13 June 2013

  Two company directors who lied to HM Revenue and Customs (HMRC) when under investigation for possible tax offences have been jailed for tax evasion and fraud. The pair ran...

  Read more

• Furnished Holiday Lettings IHT Claim Fails

  • Posted4 June 2013

  The shock result of a recent tax case will send reverberations around the furnished holiday letting (FHL) industry, after the court reset the bar regarding the level of service provision...

  Read more