VAT and wedding venues
A Tax Tribunal VAT-related decision this summer has wide-reaching implications for other wedding venues.
A Tax Tribunal VAT-related decision this summer has wide-reaching implications for other wedding venues.
Over recent weeks HMRC has made a number of announcements connected to tax planning arrangements which clearly signal the government’s intention to ‘nudge’ people away from putting in place new arrangements and encouraging those with Employee Benefit Trusts (EBTs) specifically towards settlement.
It’s perfectly legal to hold investments overseas as long as you declare all taxable income and gains on your UK tax return.
HMRC has been successful in pursuing a prosecution through the Crown Court against a company director who faked invoices relating to his VAT return.
Business people need to keep within the provisions of the law when it comes to VAT and tax more generally otherwise they can end up in jail or with a hefty fine. HMRC has been successful with its latest prosecution.
The rules relating to the tax treatment of parking fines has been clarified thanks to a recent first tier tax tribunal decision.
The Government has introduced the Personal Savings Allowance to benefit those on low incomes who have savings as they no longer have to pay tax on interest received. The changes came into effect on 6 April 2016.
The Government has recently introduced a requirement that all UK companies need to identify ‘Persons with Significant Control’ as part of their Confirmation Statement (formerly known as the Annual Return)
In a recent tax case the Court of Appeal has agreed with HMRC that a company “should have known” of the link to fraud
Only last week we blogged about HMRC’s efforts to track down internet traders who are evading tax here we focus on social media and how it’s being used to identify tax evaders. Some cyber security firms along with HMRC are getting internet savvy using Facebook, twitter and Instagram to identify potential tax evaders through their children. Apparently […]
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