Blogs

Can HMRC request information about my current or past employees?
HMRC can inquire about an employee who has worked for you in the past, know their hours of work, and days of leave throughout the employment period.
HMRC can investigate tax evaders outside the UK.
HMRC has contacted Puerto Rico authorities, as it commences its hunt for the various UK residents who have used the Euro Pacific Bank in order to evade UK taxes.
How can managing directors be banned by HMRC?
Law enforcers are catching people who have violated Covid-specific schemes. This time, 179 firm managers have been prohibited by the Insolvency Service.
What is the Kittel Principle’s relation to VAT fraud?
Firm managers that commit VAT fraud will get investigated by HMRC with a trader-controlling mission. Learn about the Kittel Principle in this article.
Has the purchase of properties become a trade?
Recently, the First-tier Tribunal has argued whether money from property sales was trading income or capital gains and if private residence relief was due.
What is the Annual Investment Allowance (AIA)
Did you know that if you have not used the AIA, then it could lead to a very prolonged tax relief procedure (if you have purchased any resources)?