Russell Goodenough, 48 of Aberdeenshire has been jailed for 18 months for VAT fraud. Mr. Goodenough imported large quantities of scrap metal to the UK and sold to his customers with VAT but decided to pocket the £205,000 VAT charged … Continue reading
Churchill Tax will be hosting another free tax seminar on Friday 23rd February 2018 at Double Tree Hilton, Holborn, London. The seminar will start at 6pm and finish at around 7:45pm. The following topics will be covered by our speakers: 1- 2017 … Continue reading
Phipps (trading as Ocean Tilers) [2018] TC 06236 The First-tier Tribunal (FTT) partly allowed a taxpayer???s appeal against late filing penalties, finding that the taxpayer???s reliance on his accountant provided him with a reasonable excuse for the initial failures to … Continue reading
Churchill Tax will be hosting another free tax seminar on 22nd February 2018 at Double Tree Hilton, Holborn, London. The seminar will start at 5pm and finish at around 7:30pm. The following topics will be covered by our speakers: 1-?????? … Continue reading
There has been plenty of press and media coverage of the Paradise Papers which has brought to limelight the mass usage of tax avoidance schemes rich individuals and companies. The Paradise Papers cover some of the tax avoidance schemes ??that … Continue reading
In this case the vendor was required to pay for the purchasers legal costs as part of the deal to sell a piece of land. HMRC initially disallowed the costs reimbursed by the vendor on the basis that this was … Continue reading
Listed below are the main areas from a tax adviser???s perspective following a detailed review of the Chancellor???s 2017 Budget: Non Residents and Capital Gains Tax: Finance Act 2016 included legislation, which took effect on 5 July 2016, to ensure … Continue reading