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Monthly Archives: January 2012
Post Cessation Trade Relief – a consultation
On 12 January the Government via HMRC announced that it was to take immediate steps to counter tax avoidance resulting from post cessation trade relief. This relief arises when costs or bad debts are incurred which directly relate to a … Continue reading
Beware the one year window
With the deadline for submitting self assessment tax returns rapidly approaching, we have had a timely reminder of the importance of submitting returns on time. Those wanting to submit a paper return had until last October to do so, leaving … Continue reading
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Tagged HMRC, Self Assessment, Tax Advice, Tax Lawyer, tax news, tax planning, tax savings, tax solicitor, tax window, UK tax planning
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A fresh look at property
Mention devolution and thoughts inevitably turn to Scotland and the question of a possible referendum. Against this background and almost slipping under the radar, Wales is quietly increasing its own devolved powers. For example, from 31 December 2011, Wales took … Continue reading
Taxing the perks
According to the Mail on Sunday, HMRC’s high net worth unit has a new target in their sights, the perks enjoyed by some footballers and their families. Whilst the provision of benefits to employees is a practice which has been … Continue reading