September 29th, 2023
IHT – a new hope? Back in 2014/15, I baffled an audience in Hong Kong by explaining that Star Wars was all about a dispute over taxes*. To be fair, I was supposed to be talking about the changes to UK property taxes that had been announced over recent years (ATED, 15% super-rate […]
September 23rd, 2023
Introduction The Upper Tribunal (UT) recently delivered its verdict in HMRC V Bluecrest Capital Management (UK) LLP. In doing so, it upheld the decision of the First-tier Tribunal (FTT). The case is an important one as it one of the first to considers the application of the salaried members rules, introduced in […]
September 16th, 2023
Introduction There has been some commentary on social media over the last week around whether a particular variant of property incorporation is ‘the worst tax avoidance scheme of all time?” So, is it? Now, I think I could win this argument quickly. I would simply point to NT Advisers Working Wheels scheme. But that would […]
September 6th, 2023
Well, it seems there are plenty if recent HM Treasury publications are anything to go by! The Consultations On 30 November 2021, HM Treasury initiated a call for evidence regarding the umbrella company market. The catalyst for this action was growing concerns about tax non-compliance and the risks posed to employment rights within this sector. […]
September 5th, 2023
A week is a long time in politics. A quote attributed to Harold Wilson. What about 12 months? Well, its 12 months since Liz Truss bit the dust, after her disastrously received Growth Plan. She had still managed to throw Kwasi Kwarteng, one its key architects, under the bus by that time. The Economist pointed out […]
