Prudential wins important tax case

Nov 12, 2013

 The High Court has ruled that HM Revenue & Customs (HMRC) had unfairly taxed ‘several thousand dividends’ between 1990 and 2009. As a direct result thousands of Prudential with-profits investors…

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Pension liberation

Nov 07, 2013

HMRC have made the following comments on their website to counter so-called “pension liberation” activity. Here’s what they have to say on the subject:

“HM Revenue & Customs (HMRC) is committed…

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UK pushing for transparency

Nov 05, 2013

David Cameron made the following statement to the members of the Open Government Partnership annual summit last week.

“We need to know who really owns and controls our companies. Not just…

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When is your home not a home?

Nov 04, 2013

Cast your mind back when Members of Parliament were accused of “flipping” properties to avoid Capital Gains Tax on the sale of a second property?

Theoretically, it should be possible to buy…

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Selling your business

Nov 04, 2013

Planning to sell your business is not a process for the faint hearted. You have likely spent many years building your business and the last thing you want to face is losing a large proportion of the…

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Swiss bank account holders face new deadline

Nov 04, 2013

UK residents, whose Swiss banking arrangements have been disclosed to HMRC under the UK/Swiss tax agreement, have started to receive follow up letters from HMRC.

 Earlier this year account…

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HMRC targets certain health professionals

Nov 04, 2013

A new tax campaign was launched by HMRC on 7 October 2013. The campaign targets: physiotherapists, occupational therapists, chiropractors,…

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Tax Diary November/December 2013

Nov 04, 2013

 1 November 2013 - Due date for Corporation Tax due for the year ended 31 January 2013.

 19 November 2013 - PAYE and NIC deductions due for month ended 5 November 2013. (If you pay your tax…

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December is a busy month for the Treasury

Oct 31, 2013

Wednesday 4th December 2013: Autumn Statement

It has been announced that George Osborne will be presenting his Autumn Statement to Parliament at 12.30pm, Wednesday 4th December.…

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