Since our last update on 29 May 2018 TFO Tax has received confirmation from HM Revenue & Customs (HMRC) that the civil enquiry has now recommenced and correspondence will be issued to investors in the near future. HMRC has advised that a settlement opportunity will be available to investors. The full terms of the settlement …
UPDATE – Equicap Filmco One, Two and Ten Limited Read More »
You may recall that TFO Tax was previously engaged by Baker Street Media to act on their behalf in respect of HM Revenue & Customs’ (HMRC) civil enquiries into investors’ claims for income tax relief. We acknowledge that it has been some considerable time since our last update. However, given that HMRC chose to escalate …
UPDATE – Equicap Filmco One, Two and Ten Limited Read More »
Since our last update on 11 May 2018 TFO Tax has received confirmation from HM Revenue & Customs (HMRC) that the civil enquiry has now recommenced and correspondence will be issued to investors in the near future. HMRC has advised that a settlement opportunity will be available to investors. The full terms of the settlement …
You may recall that TFO Tax was previously engaged by Zeus Partners to act on their behalf in respect of HM Revenue & Customs’ (HMRC) civil enquiries into investors’ claims for income tax relief. We acknowledge that it has been some considerable time since our last update. However, given that HMRC chose to escalate their …
HM Revenue & Customs (“HMRC”) believes that taxpayers want to pay the correct amount of tax and therefore it wants to help those that may not have been doing so. HMRC’s Let Property Campaign is an opportunity for landlords who let out residential property, either in the UK or overseas, to bring their tax affairs …
Whether your clients are resident in the UK for tax purposes or not the following changes for non-UK domiciled individuals need to be considered. The proposed changes, announced in the 2016 Autumn Statement, will become effective from 6 April 2017 although until such time as the Finance Bill 2017 receives Royal Ascent changes may still …
IMPORTANT – Changes to UK Taxation for Non-UK Domiciles Read More »
The Chancellor of the Exchequer, Philip Anthony Hammond MP, gave his Autumn Statement on Wednesday 23 November 2016. View Here.
The Supreme Court has refused Future Capital Partners’ (“FCP”) appeal to have the decision reached by the Court of Appeal considered by the highest tax tribunal in the land. Last February the Court of Appeal dismissed FCP’s appeal against an earlier ruling in favour of HM Revenue & Customs (“HMRC”). The Court of Appeal found …
A summary of George Osborne’s March 2016 Budget. View Here.
