Category Archives: Tax

HMRC may be extending access to taxpayers’ data

The Treasury has confirmed it was proceeding with plans to legislate making aggregated and anonymised data more widely available. In a published document HMRC said: "The government has decided to proceed with the proposal to remove the legal restrictions that currently limit HMRC's ability to share anonymised individual level data for the purpose of research and analysis and deliver public Continue Reading
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Cars, business use, and tax considerations

There are a number of situations where care should be taken in the way in which claims are made for the business use of a vehicle, usually a car, which is also used for private purposes.  We have listed below a number of issues that business owners and private car users should be aware. If you are self-employed and your Continue Reading
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Isle of Man Authorities to Share Information with HMRC

HMRC are to receive information on all bank accounts held by UK residents in the Isle of Man as a result of an agreement between the two governments. Historically many UK residents have held bank accounts in the Isle of Man, the UK government feels that much of this has been hidden from HMRC and tax evaded.  They will now Continue Reading
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Case of HMRC Acting unfairly

The attached article from the Telegraph Online shows how HMRC can use their power unfairly, in this case they destroyed a perfectly good business based on nothing more than a hunch.  https://www.telegraph.co.uk/finance/financial-crime/9716421/How-one-family-were-brought-to-their-knees-by-the-taxman.html
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