September 2nd, 2026
Dandara tax appeal – Introduction The Upper Tribunal has handed HMRC a significant victory in a case that could have implications for other offshore developers with UK property interests. Knights Developments Limited, part of the Dandara group, has lost its appeal against tax assessments totalling £5.4 million… and the wider stakes might well run into […]
September 2nd, 2026
Tapi Carpets – Introduction In a significant VAT case with implications for any retailer using third-party service providers, the First-tier Tribunal has ruled that Tapi Carpets Ltd was not liable for £13.5 million in VAT on floor-fitting services carried out by independent fitters. The decision in Tapi Carpets Limited v HMRC [2026] UKFTT 1128 (TC) […]
September 1st, 2026
Introduction – 240 crypto tax millionaires HMRC has published its first detailed breakdown of cryptoasset capital gains, revealing that 240 individuals declared gains exceeding £1 million each in the 2024-25 tax year… collectively accounting for more than half of all reported crypto gains in the UK. The statistics, published on 27 August 2026 as part […]
August 31st, 2026
Introduction Former Liverpool and England defender Jamie Carragher faces the prospect of bankruptcy after HMRC filed a petition in the High Court over an unpaid tax bill reportedly in the region of £700,000 to £800,000. The petition, filed on 26 August 2026, is the latest in a long and inglorious list of high-profile footballers who […]
August 29th, 2026
Introduction – Cogefin The First-tier Tribunal has ruled that a Bermuda-incorporated investment company was in fact UK resident for corporation tax purposes, a decision with significant implications for anyone relying on offshore governance arrangements to establish non-UK residence. In Cogefin (Bermuda) Ltd & Anor v HMRC [2026] UKFTT 1108 (TC), the FTT found that despite […]
