2014

Autumn Statement – Winter of discontent?

Key points  SDLT & ATED rates increase – what now for non-doms? Principal Private Residence Relief rules tightened for non-residents Remittance Basis Charge – charges increase and a minimum period may be introduced The Google Tax – is it really just …
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EBT and EFRBS Voluntary Settlements

Key Points Voluntary settlement should not be automatically ruled out Settlement terms can often be advantageous Advance Payment Notices mean cashflow benefit may cease in any event Each case is different and client objectives are paramount We have been dealing …
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Offshore Evasion: HMRC Gets Tough

Key Points HMRC will receive more information from overseas territories from 2016 under UK FATCA arrangements This will include details of bank accounts, trusts and companies involving UK residents UK FATCA applies to British Overseas Territories and Crown Dependencies Disclosure …
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Payment Notices

Key Points The Accelerated Payments provisions are.Included in the Finance Bill as expected. Potentially thousands of demands giving 90 days to pay tax could be issued in late summer. Contact us now for an initial review of your position and …
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Contractual Disclosure Facility under Code of Practice 9

In 2012/13 HMRC raised revenue in excessof £20.7 billion from their tax investigations and enquiry work and various voluntary disclosure facilities. This was £2 billion more than their target for the year. HMRC are putting very significant resources into the …
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EFRBS and other DOTAS schemes

In his Autumn Statement on 5 December, the Chancellor of the Exchequer announced proposals (followed by draft legislation on 13 December) to put in place a requirement for taxpayers to settle tax disputes and make payment of the disputed tax …
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