F ootball clubs are increasingly under scrutiny for the paying arrangements to agents and the latest one in such trouble is a famous London club. HMRC are currently looking into the financial affairs of 44 English league clubs, over 200 players, and 31 agents and that is just the tip of the iceberg as attention is now turning to Scottish clubs …
Evidence is mounting that HMRC may be planning a new Connect spyware assisted series of enquiries into individuals with large private wealth in the UK. Individuals likely to be identified as tax evaders, are those living in areas with the greatest number of concentrated wealthy people such as Nottingham, Cheshire and Edinburgh. Unlike recent amnesty campaigns this push will see …
It seems appropriate when we are about to enter the season of over-indulgence to review one’s business practices and perhaps review and minimise the chances of getting a stuffing from the tax authorities this Christmas.
If you are looking to expand your business overseas or just need help understanding the complex tax arrangements that apply to foreign income e.g. remittance basis, then you have come to the right place.
The old Rangers Football Club, currently in liquidation, has won an appeal against HMRC over its use of Employee Benefit Trusts (EBT’s).
HMRC acted in an ‘unconscionable manner’ when dealing with a recent late Self Assessment filing penalty, according to Judge Geraint Jones QC.
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