by David Jones | Jan 28, 2021 | Corona Virus, Self Assessment
In my Blog on 1st January this year (Waive Late Filing Penalties) I reported that despite a united approach by all of the accountancy bodies; HMRC boss Jim Harra effectively stuck up two fingers to our request that HMRC allow an extension to this year’s January 31st...
by David Jones | Jan 24, 2020 | Self Assessment
It’s that time of year again when HMRC release their latest tranche of excuses given by taxpayers, as to why their Tax Returns were submitted late or ingenious attempts by taxpayers to get dubious claims for expenses past the taxman. The lists have always amused...
by David Jones | Dec 12, 2019 | Business Tax, Self Assessment
Over the last three years, HMRC has provided various “interpretations” of the rules for trivial benefits in the last three employer bulletins, as it apparently views those rules as too generous. From 6 April 2016, the government introduced a new exemption for trivial...
by David Jones | Nov 8, 2019 | Comments on Global News, Personal Tax Planning
As a UK-based owner of a property in Spain, I was shocked to find out this week that owners of Spanish properties will pay higher income tax after Brexit and may also lose the right to an exemption from capital gains tax arising on the sale of a former home. I...
by David Jones | Sep 22, 2017 | Business Tax, Personal Tax Planning
In the Budget 2016 the Chancellor included proposals to impose a retrospective tax charge on certain loans to contractors and employees, which remain outstanding on 5th April 2019. Not surprisingly, this proposed tax charge was seen by many as both unfair and...