Tax and Financial Planning

• Tax Ruling – TV Presenter’s Personal Service Company Falls Foul of IR35

  • Posted28 March 2022

  Media personalities, IT professionals and others often obtain perfectly legitimate tax advantages by providing their services as independent contractors via their own private companies. As one case showed, however, the...

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• Director Held Personally Liable for Multi-Million-Pound Missing Trader Fraud

  • Posted1 March 2022

  Where a company becomes involved in the fraudulent evasion of tax, the corporate veil will rarely protect its directors from personal liability. An elderly businessman found that out to his...

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• Tax Avoidance Schemes, No Matter How Intricate, May Not Be Effective

  • Posted9 February 2022

  There is nothing unlawful about tax avoidance schemes but, however intricate and apparently foolproof they may be, their effectiveness can never be guaranteed. A businessman found that out to his...

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• Late Payment of Tax – There Is Such a Thing as a Reasonable Excuse

  • Posted24 January 2022

  Those who pay their taxes late can expect punishment – but there is such a thing as a reasonable excuse. In one case, a man who failed to notify the...

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• Determined DIY Builders Score Important Victory Over HMRC

  • Posted10 January 2022

  You may understandably feel overawed by the might of the tax authorities but, with the law on your side, the balance of power is far more even than you might...

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• Deduction of Accommodation Costs from Income Tax – Guideline Ruling

  • Posted21 December 2021

  You are only able to deduct accommodation and other expenses from your Income Tax liabilities if they have been wholly, exclusively and necessarily incurred in the performance of the duties...

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