If you operate any share incentive arrangement or have issued shares, granted options or made other forms of share or loan note award to directors and/or employees during the 2019/20 tax year you must report such activity to HM Revenue & Customs by 6 July 2020.
Transferring property without a VAT charge is often desirable for the purchaser, saving both VAT and SDLT. It is the vendor, however, who has the responsibility for determining the rate of VAT and it is therefore the vendor who decides how far they are willing to go in accommodating the purchaser’s wishes.
Septic tanks, on the face of it, never create much excitement (unless you’re a lawyer) and are rarely a topic of dinner table conversation unless, of course, you happen to own or operate one.
In a winding up by the court, any disposition of the company’s property, and any transfer of shares, or alteration in the status of the company’s members, made after the commencement of the winding up is, unless the court otherwise orders, void.
HMRC’s campaign against disguised remuneration schemes continues apace. One of the schemes under scrutiny, is the Krest strategy, originally promoted by Partners Tax plc and UHY Hacker Young.
Employment Benefit Trusts (“EBT”s) have been successfully pinned down by HMRC as tax avoidance schemes. HMRC’s stringent approach to EBTs was bolstered by the recent Supreme Court Rangers tax case decision .
The recent case of Clack v Wrigleys Solicitors is a reminder to claimants that just because a professional’s breach of duty of care is clear does not necessarily mean that the breach is what caused the claimant’s loss.
Last Friday afternoon, the government amended the Coronavirus Act which has the effect of changing the notice periods required to be given to residential tenants. The changes came into force on Saturday 29th August 2020.
New changes to cost rules in court cases are very important for businesses to understand to enable them to understand how best to deal with a dispute.
A leading Midlands law firm has boosted its commercial litigation team after recruiting a senior HMRC tax specialist to a tax consultancy role.