Disguised Remuneration and the Loan Charge: Why it’s time for your clients to engage with HMRC
If your client has received one of these letters or you know they might have been involved in a Disguised Remuneration scheme, now is the time to act!
The UK tax problems that can follow an untimely death and how to deal with them
A client story about how not dealing with your tax affairs could affect your family when you die.
Paying tax all over the world…
Some clients I deal with have properties all over the world and spend time in multiple countries. But if they don’t take advice, they can end up paying tax all over the world. So, how does a taxpayer prevent this from happening?
A new life in the sun…
Your client has decided to live abroad but, have they ‘actually’ left the UK and sorted out their UK tax affairs? If not, Big Brother (i.e. HMRC) will be watching them!
What to do if your client receives a letter from HMRC about the Loan Charge offering a Standstill Agreement…
HMRC still have many Loan Charge assessment cases outstanding and are pursuing them with vigour. What should your client do if they receive a letter from HMRC about the Loan Charge offering them a Standstill Agreement?
Who’s in control of your client’s tax investigation?
Knowing when a tax investigation is out of control isn’t easy but there are a number of triggers that can ring alarm bells.
How do you tell your clients to stop procrastinating and deal with their tax investigation?
Few people relish a tax investigation. Many taxpayers bury their head in the sand. Find out how you and your clients should deal with a tax investigation.
R&D Fraud Crackdown – Who should respond to HMRC or handle your client’s R&D queries or investigation?
Businesses have seen strongly worded letters landing on their desks around tax fraud, there is no doubt that enquiries will be raised around past R&D claims.
No invoice. No tax deduction.
For HMRC and their advisors, every tax investigation and case is different and its outcome directly dependant on all the relevant facts. Find out how you can still get a tax deduction from HMRC for an invoice you may not have.
What questions will HMRC ask your client?
How a taxpayer answers HMRC questions, can have a huge impact on the outcome of an investigation. HMRC will ask a number of probing questions at a meeting. It’s imperative to know when NOT to answer a question and HOW to answer a question.