On Tuesday the Chancellor announced an extension to the Enterprise Investment Scheme to cover smaller investments up to £100,000 with a tax break of 50%. This so called Seed Enterprise…
HMRC plan to divert their attentions to cracking down the endemic practice in today’s fashion industry of so-called ‘internships’ which leave their recruits completely without remuneration, often for months on…
Capital allowance changes in April 2012 From 1 April 2011, the Government reduced the rates of corporation tax for all companies. However, in order to ‘pay’ for this reduction,…
This week I was contacted by a local Camden resident for a meeting. It transpired that his wife, who is clinically depressed, received a letter from HMRC claiming that they…
For some time now the self-employed “ghosts” of the tax system, failing routinely to declare their private income and pay tax on it, are being pursued by the HMRC in…
The Spanish wealth tax, abolished just before the recession of 2008, is to make a comeback. This is the latest austerity tactic instigated by José Luis Rodríguez Zapatero. The tax…