EBT refunds – the clock is ticking

Ticking clock

Anyone who has used a tax avoidance scheme that falls under the heading of Disguised Remuneration between 6 April 1999 and 5 April 2016 may now be entitled to EBT refunds.  HMRC are refunding PAYE and NIC to companies who have settled on the basis of Voluntary Restitution

Another little nudge letter – this time on ATED

HMRC are seeking Annual Tax on Enveloped Dwellings (ATED) charges from Non Natural Persons or typically offshore structures such as companies and trusts.  ATED returns are required even if the taxpayer wishes to claim an exemption from the tax charge.

Do you have anything to disclose?

A simple question but if it is answered the wrong way, it can have a devastating effect.  “Do you have anything to disclose?” is a question that is regularly asked by HM Revenue & Customs (HMRC) at the outset of an investigation

The “too difficult” category

Most people have consciously moved a particular task into the “too difficult” category.  It is worrying how many times a “too difficult” task results in some form of UK tax irregularity.  Examples can ultimately include the lack of an up to date Tax Return for an individual, partnership, limited liability partnership or company.  But that is not how it all starts.

Accidental tax fraud


There are many definitions of tax fraud – the working definition I use is “the intention to deceive”.  HMRC have their own view on life and as such, HMRC does not accept that a taxpayer can commit accidental tax fraud.  Moreover, HMRC consider any form of tax fraud to be deliberate behaviour.