Bespoke - for private clients
Monday, June 27, 2011 | Posted by: Graham Brearley
Categories:
Personal,
Protecting your wealth
| Tags: tax,
VAT,
legislation,
Graham Brearley,
aircraft,
jets,
private jet,
European Commission,
legislation change,
flying,
executive jet,
airline,
zero-rating
Flying your own plane or executive jet got a lot more expensive this year following a change in the UK VAT law on the supply or importation of private aircraft. Aviation specialist and Senior VAT Manager at Grant Thornton, Graham Brearley, explains why and calls for a simplification of the law.
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Tuesday, April 12, 2011 | Posted by: Mike Warburton
Categories:
Business
| Tags: HMRC,
budget,
legislation,
tax policy,
tax reliefs,
Office for Tax Simplification,
OTS,
Mike Warburton,
budget2011,
tax agents
In July 2010, the chancellor announced the establishment of an Office for Tax Simplification (OTS). It was set up to work with tax professionals, and Grant Thornton has given full support. After the OTS produced an interim report last November and a final report in time for the March Budget, the chancellor duly announced his acceptance of some of the recommendations. Mike Warburton reviews the UK’s high volume of tax legislation and the new body’s role.
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Wednesday, March 17, 2010 | Posted by: Dave Jennings
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
HMRC,
offshore,
Dave Jennings,
investigation,
penalties,
legislation,
law,
human rights
As the recession started to bite, HM Revenue & Customs (HMRC) relaxed its enforcement of debts for some taxpayers facing cashflow problems. Paying arrears by instalments has helped many businesses but may become even more important as new PAYE penalties for employers start in April 2010…
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Wednesday, February 24, 2010 | Posted by: Dave Jennings
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
HMRC,
offshore,
Dave Jennings,
investigation,
penalties,
banking,
legislation,
Switzerland,
Swiss,
Isle of Man,
Robert Huitson,
law,
UBS,
human rights,
backdated
I am not talking about the HM Revenue & Customs’ (HMRC) version of Doctor Who, as scary as that may sound, now comes something even worse. One of the main gripes we often hear from business’ about our tax system is the lack of certainty. Should HMRC, therefore, be authorised to change the law or its interpretations retrospectively, plunging its victims into a costly time warp and sending them singing for their supper?
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Friday, January 08, 2010 | Posted by: Richard Jameson
Categories:
Protecting your wealth
| Tags: Richard Jameson,
budget,
legislation,
tax policy,
PBR,
consultation,
tax manifesto,
petition,
Monetary Policy Committee,
MPC,
committee,
pre-budget report
The Pre-Budget Report is the second most important date in the tax calendar, second only to the annual Budget. It is often a time when a flurry of draft legislation is announced. In the run-up to a general election, the PBR often heralds the drawing up of battle lines. The danger with this is that political considerations can cloud tax policy. Remember the
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Tuesday, August 11, 2009 | Posted by: Sue Knight
Categories:
Protecting your wealth
| Tags: tax planning,
HMRC,
Sue Knight,
HNWI,
tax avoidance,
Protect Your Wealth,
legislation,
banks,
taxation,
code of practice
And so the tax avoidance debate continues to rage. Last month I looked at High Net Worth Individuals and
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