Insights

Tax, Audit & Accounts

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February 8, 2013

Auto Enrolment – what does it mean for you?


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With the government’s plan to get 11m more people saving towards retirement now in full swing, what does this mean for the 1.2m smaller businesses across the UK? The process,

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January 16, 2013

Just what IS tax avoidance?


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Imagine that you’re a businessman, your business is in Near Town but you fancy a trip to do business in Farsville.  You’re not sure how to get there so you

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December 4, 2012

Stargooglazon.com – the tax scandal


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The recent press coverage of the tax rates paid by large international businesses might lead one to believe that HM Revenue & Customs (“HMRC”) are either: (a) Powerless to fight

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November 27, 2012

HMRC pushing the boundaries….?


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It emerged recently that the H M Revenue and Customs (HMRC) is sending letters directly to around 1,500 people who have signed up to a particular tax avoidance scheme.  Although

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November 21, 2012

Tax Avoidance by Multi-Nationals Not Cricket


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What are we to make of profitable, well-known water companies, amongst other corporate giants, manipulating the system to pay relatively tiny amounts of tax in the UK? Not much. It

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November 13, 2012

Water Companies – Whose Tax Is It?


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Despite making operating profits in the UK of nearly £1.5 billion pounds between them, three foreign owned water companies seem to have been able to whittle away the vast majority

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July 22, 2012

GOOOOAAAALL!


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As readers may have noticed, the Euro football championships are on at the moment so I thought it might be interesting to look at a couple of instances where the

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July 20, 2012

Hate to say I told you so…


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Hate to say I told you so…. In September of last year I commented on the large increases in the HMRC penalties for failing to submit a personal Self Assessment

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July 15, 2012

Paying your “fair share”


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You may have read or heard in the media Government outrage at the way in which some very wealthy people were using tax reliefs to (legally) reduce the amount of

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March 20, 2012

Tomorrow’s Budget…


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Tomorrow sees the Budget (although we seem to know everything about it already).  Whilst readers wait for the actual day, I thought some trivia might be of interest: The word

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March 2, 2012

In the news – Glasgow Rangers


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Glasgow Rangers’ recent tax problems cannot have passed unnoticed and many must be wondering what has been going on.  There is the ‘simple’ matter of what HMRC state is unpaid

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February 11, 2012

Tax Freedom Day 2012


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For those not familiar with the term, ‘Tax Freedom Day’ is a term used to show how long each year the average UK taxpayer would have to work if they

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