Posted on 08 September 2010. Tags: contracting, hmrc, HMRC compliant, HMRC investigation, PAYE, self assessment, tax-efficient pay structures
Contractors, whether new to contracting or experienced hands, will often be approached by salesmen for tax-efficient pay structures. “Great – where do I sign?” might be your first thought. However, you might want to reflect and find out a few things before committing yourself.
Posted in news, tax avoidance
Posted on 17 June 2010. Tags: accommodation, Contractor accountants, ebt, employee benefit trust, hmrc, offshore, tax avoidance, tax evasion, tax investigation
UK individuals, including limited company contractors, appear to be committing less tax offences than in previous years according to law firm McGrigors.
Posted in news, tax avoidance
Posted on 28 April 2010. Tags: accounts, corporation tax, hmrc, tax, tax avoidance, tax evasion
The tax man has netted an extra £12.6bn from its investigations into large company’s corporation tax over the last 4 years.
Posted in news, tax avoidance
Posted on 09 April 2010. Tags: agency workers directive, bn66, Family Business Tax, ICT, ir35 rules, Managed Service Company, umbrella companies
So our Beloved Leader has finally allowed us an election. Good news on several fronts. I make no secret of my desire to see the end of the current Parliament in general and our sitting PM in particular.
Posted in alan's blog, ir35 contract review, ir35 insurance, tax avoidance
Posted on 26 March 2010. Tags: Budget, EBTs, ICT, Intra-company transfers, tax avoidance
There was quite a lot of minor change in the Budget, and we should praise the intention to focus on helping businesses with a raft of measures, but for us one man consultancy companies there was actually nothing of very much interest in there.
Posted in alan's blog, tax avoidance
Posted on 23 March 2010. Tags: hmrc, MSC legislation, tax avoidance, tax evasion, umbrella companies
It was only a matter of time before HMRC launched an all out attack under the Managed Service Companies legislation – it would now seem that time is up! Some of the big providers have already fallen and the rest will soon come under fire.
Posted in tax avoidance, umbrella companies
Posted on 15 February 2010. Tags: Accountants, bn66, retrospective tax
The certainty in the UK tax system has been thrown into doubt by the Treasury’s use of retrospective action according to the Chartered Institute of Taxation.
Posted in news, tax avoidance
Posted on 29 January 2010. Tags: bn66, hmrc, retrospective tax
Big news of the day is about a court case that concerns a piece of the 2008 budget referred to as BN66. This is one of those things that came out in the supporting documentation that tells the actual truth about the contents of the 2008 budget as opposed to what the chancellor said in the House.
Posted in alan's blog, tax avoidance
Posted on 04 January 2010. Tags: hmrc, tax avoidance, tax evasion
According to The Public and Commercial Services union, the Government and the main political parties should be focusing on tax evasion and avoidance rather than making “savage” cuts in public sector spending over the next few years.
Posted in news, tax avoidance
Posted on 14 December 2009. Tags: EBTs, employee benefit trusts, offshore accounts, tax avoidance
In his Pre Budget Report last week, the Chancellor outlined further plans to clamp down on individuals who utilise offshore bank accounts in an attempt to bypass the UK tax system.
Posted in news, tax avoidance