by David Jones | Jul 28, 2019 | Personal Finance
As it appears increasingly possible, we may well have a General Election later this year to solve the impasse on Brexit. If this happens, there is a real possibility of Mr Corbyn taking the reins of power and unleashing his pet attack dog, shadow chancellor John...
by David Jones | May 16, 2019 | Corporate Tax Planning
Today I’m reporting on a new push by HMRC against the US ‘tech’ multinationals, after new figures revealed suspected tax underpayments from large overseas firms are rising. According to a freedom of information request, the tech giants’ share of the total “tax under...
by David Jones | Aug 16, 2018 | Tax Investigations, VAT
This is the strange case of Quality Engines Direct Ltd (QEDL), and concerned two sales of silver ingots, where the VAT at stake was £60,062. The court decided that no output tax was payable on those sales because the company didn’t own the goods. QEDL’s main business...
by David Jones | Apr 5, 2018 | Personal Finance, Tax Investigations
This week saw the passing of comic legend Ken Dodd, and while friends, family and fans alike mourn his loss; one of Dodd’s final actions was clearly a last flourish of his tickling stick at HMRC and his ultimate two figure salute to them after an ongoing battle with...
by David Jones | Dec 14, 2017 | Business Tax, Self Assessment, Tax Investigations
With the benefit of 20/20 hindsight, most people would agree that at least some employment/contractor structures created in the past never passed the smell test. However, it is also true that HMRC’s obsession with DR (Disguised Remuneration) crosses the line between...