Category: News

HMRC won in the recent First Tier Tribunal in the case of Ian Strachan, TC8858. This is a case where the taxpayer argued that he had acquired a domicile of choice in Massachusetts. There are some significant points in this case of wider relevance than the specific point about the appropriate test for residence in…

We are delighted to welcome Annabel Davies to the Trident Tax team as Tax Assistant Manager. Annabel will be based in our Solihull office as we expand our Midlands private client team. Annabel’s career in tax began at Grant Thornton in a tax compliance role, before moving into the private client advisory field. Annabel has…

Code of Practice 9 changes published on 14 June 2023 HMRC picks and chooses those cases involving tax fraud which proceed to prosecution very carefully.  However, the majority of cases involving serious tax fraud do not proceed criminally at all.  Instead, those suspected of deliberately falsifying their tax positions or who wish to make spontaneous…

An email is being widely circulated which reports that HMRC has dropped its criminal investigation into the individuals behind the tax planning HMRC calls Clavis Herald SPT. The report appears to be correct based on our enquiries with parties linked to the case. This is yet another high profile case of an HMRC criminal investigation…

An email is being widely circulated which reports that HMRC has dropped its criminal investigation into the individuals behind the tax planning HMRC calls Clavis Herald SPT. The report appears to be correct based on our enquiries with parties linked to the case. This is yet another high-profile case of an HMRC criminal investigation being…

We’re delighted to announce that Trident Tax has been invited to speak at a webinar for Italian businesses who would like to invest in the UK or establish businesses here. The webinar is the initiative of Cheso, an Italian law firm and Alan Kennedy of Trident Tax is one of the guest speakers. Alan will…

Recognising the exciting growth opportunities in Manchester, Trident Tax is relocating its Manchester office to 11 York Street from 1 May. Managing Director, Alan Kennedy, comments “Trident Tax has been established in Manchester for several years and with our move to new offices we look forward to further building our connections with the city’s thriving…

Trident Tax is pleased to announce the promotion of Ryan Conlon to Tax Director. Ryan joined Trident Tax in March 2020, based in the Manchester office, and works with the firm’s clients across the UK and internationally. A Chartered Tax Adviser and Trust and Estate Practitioner, he advises individuals, businesses and trustees on all aspects…

The Court of Appeal found for HMRC in the case of Centrica Overseas Holdings Ltd v HMRC, and this is a significant change to the previously understood treatment of certain expenses of a holding company in relation to disposals of subsidiaries. Centrica had incurred significant costs in taking advice on how to dispose of subsidiary…

The article written by one of our Senior Managers – Nigel Brown titled ‘Tax fraud – To prosecute or not to prosecute? That is the question’ has been featured in the February/March issue of HMRC Tax Investigations publication. In case you missed it when it was published on our website in December you can read…