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Tax Avoidance Schemes and Negligent Advice – what to do if you’re caught out

Umbrellas are useful at this time of the year, as the seasons change and the misty drizzle returns. But the right umbrella is critical: if it isn’t sturdy and wind-resistant it may not keep you dry. The same is true of umbrella companies that are used by agency workers, contractors, and self-employed professionals to manage their payroll administration.

The Magnificent Seven: 7 key clauses to protect your business

Discover the seven key contract clauses every business should know - liability, indemnities, warranties, payment, IP, termination and data protection.

Real Estate Conference 2025

Join us for Wright Hassall's Real Estate Conference 2025.

The Legal Process for Selling a Company: A Comprehensive Guide

In this article we discuss the legal process involved in a company sale, outlining each key stage and the associated legal requirements.

How to Remove a Director from a Company: A Step-by-Step Guide

This article provides a comprehensive guide on how to remove a director from a company, outlining the procedures and considerations involved.

Guide to charity trustees’ responsibilities

There are many reasons why you might like to become a trustee of a charity: positive support for a good cause, putting a particular skill set or experience to good use, or remaining active in the community.

The Insurance Act 2015 – how will it affect you?

The Insurance Act 2015 comes into force on 12 August 2016. Although this may seem a long way off, it fundamentally changes the way business insurance will be underwritten, so if you take out any sort of insurance cover for your business it is worth being aware sooner rather than later.

Main contractor insolvency – contract quick guide

In light of the recent Carillion demise, this guide provides a starting point on common forms of contract for both employers and subcontractors looking at how insolvency affects the supply chain from both directions.

The Ukraine Invasion Drives Reform in the UK

The Economic Crime (Transparency and Enforcement) Bill which has been brought forward and will be fast tracked through the Houses of Parliament in response to the war in Ukraine.

Tax Avoidance Schemes and Negligent Advice – options for those affected

As the beginning of the new tax year approached, HMRC was busy. To maximise recoveries to help to pay the national debt, its use of winding-up petitions has been increasing each quarter, resulting in a steady rise in the number of compulsory liquidations of companies. Many tax claims (called Regulation 80 determinations) were also issued before their potential expiry at the end of the tax year. And, to fulfil its announced intention to conclude as many tax avoidance matters relating to loan charges as possible before the end of March 2023, many more taxpayers who HMRC considers to be subject to the loan charge received decisions on what they owe.