Tag Archives: HMRC

Historic Swiss-UK tax treaty

Posted on August 30th, 2011

After a short delay earlier this year the UK and Swiss authorities have announced an agreement on the treatment of monies held by British Citizens in secret Swiss bank accounts. Still to be signed by both governments and ratified in … Continue reading →

Posted in News | Tagged HMRC, Simon Newsham, Swiss tax, Tax agreement, Tax Lawyer, tax mitigation, tax planning, tax shelter, tax solicitor, UK tax planning | Leave a comment

What price the 50% tax rate?

Posted on August 18th, 2011

When the previous Government introduced the idea of a 50% top tax tier many predicted that all this would achieve would be a mass exodus of the wealthy from UK shores. Indeed in an article of 13 December 2009, the … Continue reading →

Posted in News, Tax Savings | Tagged 50% tax rate, higher rate tax, HMRC, Simon Newsham, Tax Lawyer, tax mitigation, tax planning, tax savings, tax solicitor, UK tax planning | Leave a comment

Tax help for riot-affected businesses

Posted on August 15th, 2011

For those businesses affected by last week’s riots, the last thing that they need is to have to deal with questions of tax. Well done then to HMRC who have opened a dedicated help line for all those individuals and … Continue reading →

Posted in News | Tagged Banks, HM Revenue & Customs, HMRC, london tax, Riot, Simon Newsham, Tax deferals, Tax help following riot, Tax Lawyer, UK Riots, UK tax planning | Leave a comment

Self Assessment

Posted on July 31st, 2011

Those with straightforward tax affairs who are paid via PAYE may never have to complete a self assessment tax form. For the rest, including the self employed, company directors, trustees and those with a foreign income completion of an annual … Continue reading →

Posted in News | Tagged HM Revenue & Customs, HMRC, Self Assessment, Simon Newsham, Tax Advice, Tax Lawyer, tax mitigation, Tax returns, tax solicitor, UK tax planning | Leave a comment

New projects for the Office of Tax Simplification

Posted on July 18th, 2011

The Exchequer Secretary, David Gauke, has written to the Office of Tax Simplification (OTS) asking them to review three further areas of taxation. The aim of these reviews is to streamline and simplify the process of tax calculations thereby reducing … Continue reading →

Posted in News | Tagged csop, EMI, employee share schemes, HM Revenue & Customs, HMRC, Pensioner tax, saye, Simon Newsham, sip, Small business tax, Tax Advice, Tax Lawyer, tax mitigation, tax planning, tax solicitor, UK tax planning | Leave a comment

Balancing charity giving with bequests

Posted on June 28th, 2011

One of the “surprises” of the 2011 Budget was the announcement that the Government intended to reward those who leave money to charity after their death. Effectively the Inheritance Tax Charitable Relief scheme allowed those leaving 10% of their estate … Continue reading →

Posted in News, Tax Savings | Tagged charity giving, HMRC, inheritance, inheritance planning, Inheritance tax, Inheritance tax charitable relief, Inheritance tax mitigation, inheritance tax planning, Inheritance valuations, Simon Newsham, Tax Lawyer, tax mitigation, tax solicitor, UK tax planning | Leave a comment

Stamp Duty Land Tax case won by taxpayer

Posted on March 24th, 2011

The first Stamp Duty Land Tax (SDLT) case taken to the Tax Tribunal by HMRC has been won by the taxpayer. This victory is a vindication of the interpretation commonly applied to one aspect of SDLT regulations by experts although … Continue reading →

Posted in News, Stamp Duty Land Tax | Tagged HM Revenue & Customs, HMRC, SDLT, Simon Newsham, stamp duty land tax, stamp duty on commercial property, Tax Lawyer, tax mitigation, tax solicitor, uk land tax | Leave a comment

Income tax planning 2010/11

Posted on March 16th, 2011

HMRC has issued a timely reminder to everyone filing Income Tax Self Assessment (ITSA) Tax Returns that the new penalty regime for late filing of returns starts shortly. This includes not only an initial £100 fine but daily charges of … Continue reading →

Posted in News, Tax Savings | Tagged Enterprise Zone, Enterprise Zone Syndicate, EZS, HMRC, Simon Newsham, Tax Advice, Tax Lawyer, tax mitigation, tax savings, tax solicitor, UK tax planning | Leave a comment

Attention Property Lawyers!

Posted on February 25th, 2011

Property lawyers and conveyancers should be aware that HM Revenue and Customs (HMRC) have announced a change to the information required in Stamp Duty Land Tax (SDLT) returns. HMRC has stated that the new forms will be available for use from April 2011 and must be used with effect from 4 July 2011. Continue reading →

Posted in News, Stamp Duty Land Tax | Tagged best tax lawyer, Conveyancers, HM Revenue & Customs, HMRC, land stamp duty, land tax rate, land tax stamp duty, land tax uk, Lawyer, london tax, London tax lawyer, London tax solicitor, newshams, Property lawyers, residential property stamp duty, save tax, Simon Newsham, stamp duty and land tax, stamp duty for commercial property, stamp duty for land, stamp duty land tax, stamp duty land tax avoidance, stamp duty land tax planning, stamp duty land tax saving, stamp duty land tax scheme, stamp duty land tax uk, stamp duty on commercial property, stamp duty property uk, Tax Advice, Tax Lawyer, tax lawyers, tax mitigation, tax planning, tax savings, tax solicitor, tax solicitor london, tax solicitors, UK tax planning | Leave a comment

Furnished Holiday Lettings Rules

Posted on January 20th, 2011

The Government has recently published revised proposals for new rules on the taxation of furnished holiday lettings (FHLs). According to the Government’s own figures, approximately 25% of existing FHL businesses will cease to qualify under the proposed new rules. Simon … Continue reading →

Posted in News | Tagged furnished holiday lettings, HM Revenue & Customs, HMRC, Lawyer, newshams, property, property tax, save tax, Simon Newsham, tax avoidance, tax changes, tax lawyers, tax mitigation, tax on property, tax rules, tax savings, tax solicitor, tax solicitors | Leave a comment