Paradise Papers – Have you used a tax avoidance scheme recently?

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

O’Donnell [2017] – Tax Deduction for third party’s legal costs

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

HMRC’s stance on disguised remuneration tax avoidance schemes following the Supreme Court’s decision in Ranger Football Club

Subsequent to the decision of the Supreme Court in RFC 2012 plc (in liquidation) (formerly Rangers Football Club plc) v Advocate General for Scotland, HMRC are advising tax agents and accountants that they will be inviting users of disguised remuneration schemes … Continue reading

Prolonged HMRC tax investigation closed

This case was referred to us from another accounting firm in London. The client had been under enquiry for almost 3 years before his accountants contacted us for assistance. The client was under significant stress as this tax enquiry was … Continue reading

Code of Practice 9 investigations

During the last month our firm has taken on several new cases of COP9 investigations. The clients involved had some serious tax irregularities including money laundering offences. Having seen the cases and establishing facts after long meetings with the clients, … Continue reading

HMRC increasing cases of transferring tax liability onto directors after company is put in liquidation

We have seen an increased number of HMRC tax investigation cases where the directors have put a company into liquidation as the company is unable to pay its debts to HMRC and is insolvent but HMRC use various powers within … Continue reading

Budget 2017 from a Tax Adviser’s Perspective

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

HMRC Let Property Campaign – Undeclared Property Income

HMRC continue to send out letters to landlords who have undeclared rental income. We have been approached by clients who have received these letters and are in the process of preparing a full disclosure to HMRC. The letters give the … Continue reading

VAT Scam and VAT Investigations

HMRC’s VAT Investigation unit will uncover all kinds of elaborate schemes to avoid paying tax. As a result of a high value VAT scam, a fraudster has to repay £3.3 million which was stolen from the HMRC in tax. His … Continue reading

HMRC Tax Fraud Investigation

Every month Churchill Tax cover a range of stories based on HMRC tax fraud investigation, educating our readers on the lasting consequences of committing offences. The subject of this article is a former Magistrate and his brother who committed tax … Continue reading