The growth in online e-commerce is an important part of the UK economy but has also created opportunities for abuse … Read More
The Office of Tax Simplification (OTS) have been tasked with carrying out a review of Inheritance Tax (IHT) with a … Read More
In Palmer [2018] TC 06411, the First Tier Tribunal has decided that although there was no reasonable excuse for the … Read More
We have recently advised on a case where a furnished holiday let cottage is being sold, from a small portfolio … Read More
In April 2016, new rules were brought in requiring companies to disclose Persons with Significant Control (PSC). PSCs are those … Read More
A recent case reminds us that personal representatives must pay HMRC Inheritance Tax. In the case “G Harris as personal … Read More
The subject of classifying food and drink expenditure is a tricky area, not helped by HMRC’s vague guidance on the … Read More
If related businesses are trading in parallel there is the possibility that HMRC could argue the turnover of each business … Read More
The process for administering and agreeing PSA has changed to reduce the burden for employers. From 6 April 2018, a … Read More
During February 2018, nine out of thirteen cases for personal tax late filing penalties taken to the First Tier Tribunal … Read More