From 6th April 2018, new rules on how termination payments are to be treated with regards to tax came into force. These new rules have tightened the tax treatment of...
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Social media giants Facebook are reported, by the Sunday Times, to have paid just £4,327 in corporation tax to the UK government in 2014. The average UK worker, who receives…
New HMRC guidance has confirmed that charities and community amateur sports clubs can accept gifts of buildings or land under wills, and either keep them or sell them to release…
The worlds G20 nations are expected to make an agreement today to fight against tax avoidance by multinationals. While much of the gathering will be taken up by topics including…
Al Capone was once a well known crime figure and a leader among the American underworld. Back in the 1930’s he had a personal fortune of over $100 million dollars….
On the day Osborne was delivering the Budget 2013 before the House of Commons he tweeted this “Today I’ll present a Budget that tackles the economy’s problems head on helping…
This Agreement has been in force since 1 January 2013 and covers UK residents (including non-UK residents who are UK nationals and use UK correspondence addresses) whom hold an account…
HM Revenue and Customs (HMRC) published new IR35 guidance “Intermediaries Legislation (IR35) Business Entity Test Example Scenarios” on 9 May 2012. The guidance only applies to tax payers who provide…
The Government has introduced a new venture capital scheme in the Finance Act 2012, which applies to investments made between April 6 2012 and April 6 2017. The scheme works…
When the Chancellor announced his plan in relation to age related allowances, there was much criticism in the press in the name of the “Granny tax”. Despite public outcry the…
