Tag Archives: Tax Lawyer

The Autumn Statement

The Chancellor ‘s Autumn Statement was, as expected, a fairly gloomy affair. Whilst observers were pleased to see the Office for Budget Responsibility still predicting growth (even if just 0.7%) next year; the depth to which we are dependant on … Continue reading

Posted in News | Tagged , , , , , , , , , , , | Leave a comment

HMRC targets those with homes overseas

The days when overseas property and investments were largely invisible to the UK tax authorities are well behind us. International treaties together with the availability of computerised records mean that HMRC are able to access vast amounts of information about … Continue reading

Posted in News, Tax Savings | Tagged , , , , , , , , , | Leave a comment

Funding for films

The Prime Minister, David Cameron, has announced the extension of the film tax relief scheme until December 2015. The scheme, which in the past has helped to find projects such as the Harry Potter films and the currently in production … Continue reading

Posted in News, Tax Savings | Tagged , , , , , , , | Leave a comment

VAT and Compound Interest

Those dealing with straightforward VAT input and output calculations may not be aware of the complexities of VAT when it comes to international transactions or the extent to which the European Court of Justice (ECJ) has an influence on more … Continue reading

Posted in News, Tax Savings | Tagged , , , , , , , , | Leave a comment

EU proposal for financial transaction tax

On 28 September 2011 the EU commission formally proposed to institute a common financial transaction tax (FTT). The tax is not expected to become effective until 1 January 2014, subject to the Council of Europe accepting the proposal. Whilst day … Continue reading

Posted in News, Tax Savings | Tagged , , , , , | Leave a comment

Business records and tax returns

Self Assessment tax returns With only a couple of weeks left to get paper self assessment tax returns in on time, HMRC are reminding taxpayers that if they do want to submit a paper return they need to do it … Continue reading

Posted in News, Tax Savings | Tagged , , , , , , , , , | Leave a comment

VAT and Salary Sacrifice

The decision by the ECJ in the case of Astra Zeneca UK Limited v HMRC has had wide ranging implications for all businesses which offer employees benefits in return for salary sacrifices. The case revolved around the supply by Astra … Continue reading

Posted in News | Tagged , , , , , , , , | Leave a comment

The Tax Gap

There is a famous saying about lies and statistics which is often quoted when anyone doesn’t want to believe the statistics they are being presented with. Indeed, it is true that how you present statistics is as important as the … Continue reading

Posted in News, Tax Savings | Tagged , , , , , , , , | Leave a comment

Manufactured Overseas Dividends

The Government has taken immediate steps to clarify the tax treatment of Manufactured Overseas Dividends (MOD) by publishing draft legislation to be incorporated within the 2012 Finance Bill. The legislation will take effect for MOD paid on or after the … Continue reading

Posted in News, Tax Savings | Tagged , , , , , , , , , | Leave a comment

UK double taxation treaties and Delaware LLCs

The upper tax tribunal has released its decision in respect of HMRC v George Anson, a case which involved the interpretation of the UK/US double taxation agreement in respect of Delaware LLCs. By way of background it is helpful to … Continue reading

Posted in News, Tax Savings | Tagged , , , , , , | Leave a comment