Do your clients have any skeletons in the cupboard to clear out prior to selling their business?
Many business owners have skeletons in the cupboard that could be a big hurdle to either selling their business or achieving their desired sale value. But how do you overcome them?
The Pandora Papers are back – and with a vengeance
You may recall ‘The Pandora Papers’ back in 2021 and may have assumed that issues around these have been resolved or ‘gone away’. Wrong! Find out more about what this means for your clients.
Residency position on tax returns
HMRC are wanting taxpayers to review their residency position before they submit their tax returns, or to undertake a “repair” if they have already done so.
High Income Child Benefit Charge (HICBC) – Happy tax season from HMRC!
HMRC are writing to agents to remind them of the Tax Return entries relating to the High Income Child Benefit Charge (HICBC).
What is the difference between CoP8 and CoP9 so far as your client is concerned?
The difference between CoP8 and CoP9 can be confusing for both a taxpayer and their accountant. Find out what the difference is here.
How much nudging is going on?
HMRC have issued their figures on the amount of nudge letters they are sending to taxpayers and the criminal cases underway.
Do you remember APNs?
Many taxpayers have misunderstood in the past that when they paid APNs, they were not reaching a Settlement with HMRC. Could you be facing a huge bill?
Wanting to sell your business? Beware of the taxman!
You have worked all your life to build up a successful business and now its time to cash it all in and sell up. You have found a buyer and they are willing to pay the full asking price, no quibbles. So why should you beware of the taxman?
Beware – Loan Charge discovery letters are on the way!
HMRC are issuing Loan Charge discovery letters to a number of taxpayers still directly affected by the Loan Charge and who received remuneration by way of loans. If you or your clients receive one of these letters, read on to find out more and how you should deal with them.
Has a tax scheme promoter left you high and dry?
Saving tax for clients has always been a major objective for many accountants and other trusted advisors. And, for many years, accountants and other advisors introduced their clients to a tax scheme promoter who sold various structures both offshore and onshore.