Thursday March 21, 2013 at 10:00am
With the budget putting a focus on tax and HMRC in the news, now is probably as good a time as any to look at some of the news affecting the tax collector and the tax payer in the UK.
Barclays stops offering tax advice: Barclays always seems to court controversy; from banking pre apartheid South Africa, to aggressive pricing and bonuses and now the closure of their tax structuring unit which advised companies on using complex structures to reduce tax liabilities. No doubt a sign of the times ....
Thursday February 21, 2013 at 9:00am
I attended the Peak Tax conference recently and one of the highlights was hearing Robert Venables QC speak on the well-publicised GAAR or General Anti Abuse Regime, about to be introduced in the March budget. This new regime is intended to stop abusive tax planning. Some useful comments were made. This was the second eminent QC I have listened to that advised that the GAAR would actually be greatly weakened to the point of being ineffective by being cast too wide. The more abusive tax planning i....
Thursday June 21, 2012 at 1:32pm
The reality of tax avoidance for many small business owners is very different to the headline hitting experience of Jimmy Carr.
Owning and running a business is tough. I say this from a lifetime of working with business owners. Even the good times are not immediately obvious, it is only by comparing them to the really hard times you realise things are not so bad.
Small business faces huge competition, that’s the way a capitalist society works. We do not have professions sheltered from....