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Keeping it in the family

Keeping it in the family Employing family members According to statistics, more than 60 per cent of UK businesses are family owned. Employing family members means that it should be possible to take advantage of lower tax rates and personal…

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Statutory Residence Test

Statutory Residence Test A person's residence status can have a significant bearing on their liability to UK taxation, especially if they have overseas income. Generally, people that are resident in the UK are taxed on their overseas income, whereas non-residents…

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Attack on high-risk avoidance schemes

Attack on high-risk avoidance schemes HMRC are going to be on the Attack on high-risk avoidance schemes. Details of the most "aggressive and artificial" tax avoidance schemes are to be listed by HMRC, as the department continues its attempts to…

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VAT Cheats Are Taxman’s Newest Prey

VAT Cheats Are Taxman's Newest Prey HMRC has unveiled yet another initiative designed to close the tax gap. It will focus on individuals and businesses that are not registered for VAT in spite of trading above the tax's £73,000-per-annum threshold.…

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Tax Case: Poor Online Service

Tax Case: Poor Online Service The taxpayer, Louise Fernandez, tried to file her tax return online in January 2010 but experienced poor online service as she found that she could not access the website. She contacted HMRCs support line but…

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