HMRC
Tax & Regulation | 9 Jul 14
Tax avoiding celebs should
A senior accountant has said celebrities should consider their long term reputations when hiding their assets from HM Revenue & Customs, as a variety of popular figures are criticised for using controversial tax avoidance scheme Liberty.
Tax & Regulation | 3 Jul 14
HMRC up front taxing to trigger wave
Controversial proposals to allow HM Revenue & Customs to retrospectively charge contentious tax up front could trigger a “wave of insolvencies” and indirectly affect shareholders, warns a leading accountancy firm.
Tax & Regulation | 23 Jun 14
Tax expert labels HMRC proposals unconstitutional
Proposals by HM Revenue & Customs to charge contentious tax payments up front have been called “unconstitutional” by a senior figure at an international law firm.
Skandia praises HMRC for preventing IHT
Skandia has said that while HM Revenue & Customs prevented a mass headache by leaving existing trusts out of its proposed reforms to the calculation of inheritance tax, it will create thousands of new demands for financial advice.
Retirement | 11 Jun 14
HMRC accused of assault on trusts
A leading tax specialist has described recent proposals by HM Revenue & Customs to crack down on inheritance tax avoidance as the latest in a series of assaults which may lead to the ultimate demise of trusts.