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Monthly Archives: February 2012
Enterprise Investment Schemes – Why 20% income tax relief may be preferable to 30%
www.freefoto.com Rules permit Enterprise Investment Scheme (EIS) investors to take advantage of ‘carry back’ which enables the cost of shares to be treated as though they had been acquired in the previous tax year, enabling investors to benefit from income … Continue reading
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Inheritance tax Relief for Furnished Holiday Letting?
©Ithica Publishing Services A recent Tribunal has decided that the activity of Furnished Holiday Letting, even when carried on in a modest scale, can amount to a business property for the purposes of Inheritance Tax Business Property Relief (BPR). The … Continue reading
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An own goal or a result by HMRC ?
www.freefoto.com Rednapp not guilty: HMRC ‘no regrets’ Harry Redknapp has been cleared of charges of tax evasion, but HMRC has “no regrets” over bringing the case to trial. Redknapp was accused of receiving bonuses of $295,000 and hiding them in … Continue reading
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Finance For Business
www.freefoto.com The current squeeze by banks on lending is having an impact on the economy. However it is not only small trading companies that are facing difficulties with their bankers but also larger well known companies and professional practices, such … Continue reading
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Top civil servants in tax avoidance scam
www.freefoto.com It was revealed on BBC Newsnight last night that Ed Lester chief executive of the Student Loans Company has been receiving his civil service salary via a service company in order to avoid PAYE. We do not believe that … Continue reading
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