Churchill Tax Investigation

Category Archives: Tax Liability

Lunar Missions Ltd [2018] TC 06286

The First Tier Tribunal has decided that value added tax was due on crowdfunding payments at the time the main company issued single purpose face value tenders/ vouchers to the financial backers involved in the arrangement.

Free Tax Seminar – Friday 23 Feb 2018 – 6pm

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

Complex tax investigation closed with very small amount of tax to pay

This client came to us from the South of England and was referred to our firm by their existing accountants. The client ran a restaurant and was being investigated by HMRC???s VAT and direct taxes teams. At the time we … Continue reading

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 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