MIKE DOWN and JULIE CAMERON consider the increasingly common requests by HMRC in a 'business full enquiry' for records that are held in electronic format.
Our client owns 51% of a holding company whose major assets are three subsidiary trading companies that turn over in excess of £12 million p.a., generating profits of £1 million p.a. after...
My client, A is controlling director of company X. Several years ago he and an unrelated person, B, invested in an unrelated, company (Z), each acquiring 50% of the shares and agreeing to advance long...
Because tax credit claims can only be backdated three months, we make protective claims for self-employed clients with fluctuating income. This year, we have been updating the Tax Credit Office (TCO)...
A discretionary trust's assets included a reversionary interest in a life interest trust, i.e. an entitlement to that other's assets on the death of the life tenant, who died in November 1998....
Unrecorded shooting income
If the landowner is a member of a syndicate, HMRC will expect the landowner to account for VAT on the open market value of the rights granted to the syndicate and also on...