Latest on HMRC’s approach to settlements

HMRC are continually refining the terms under which they calculate settlements on tax planning arrangements. Here we take a look at the latest situation based on our experience in reaching settlements for clients.


Tax avoidance: recent developments

The parliamentary briefing paper “Tax Avoidance: recent developments” provides an introduction to the issue of tax avoidance, the development of legislation to combat avoidance and more recent developments, including an overview of the provisions removed from the Finance Act 2017 before enactment due to the calling of the general election.


EBT settlements, don’t assume HMRC are right

We’re often asked what difference we can make to clients settling tax strategies with HMRC given settlement terms are fixed. Here we take a look at a recent case the team managed which had a beneficial outcome for the client.


Settlement of tax planning arrangements

HMRC is continuing in its efforts to increase tax collection and is putting pressure on businesses they consider to owe outstanding tax based on previous tax planning arrangements.



Film partnership schemes offered settlement deal by HMRC

People who previously invested in film finance schemes have received letters from HMRC’s counter-avoidance unit offering them an opportunity to settle what has been a long-running tax dispute over the validity of the tax schemes. In their letter HMRC state that they are offering investors the opportunity to avoid further investigation and what could be substantial costs […]


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