Take care with VAT bad debt relief
11th September 2020
Posted in Articles, VAT by Andrew Marr
The issue For those VAT registered businesses which do not use the cash accounting scheme (most of them), care needs to…
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Tax treatment of repaying CJRS money
31st July 2020
Posted in Articles, Coronavirus by Andrew Marr
The issue There have been many reports of widespread CJRS fraud whereby companies have been making false claims for CJRS or…
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The tax blunders of Mr Khan
3rd July 2020
Posted in Articles by Andrew Marr
The case In Bostan Khan v HMRC [2020] UKUT 0168, the Upper Tribunal (UT) rejected a taxpayer’s argument that a company purchase of…
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Lap dancers and dog breeders narrow the coronavirus tax deficit
29th May 2020
Posted in Articles, Coronavirus by Andrew Marr
Less tax for HMRC According to AJ Bell, HMRC received 42% less in tax payments in April 2020 than April 2019….
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Budget 2020
11th March 2020
Posted in Articles, Budget by Forbes Dawson
Today’s Budget was hotly anticipated, with many commentators expecting the Government to refocus its attention on the ‘domestic tax and spend…
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Tax relief for funds ‘trapped’ overseas!
21st February 2020
Posted in Articles by Andrew Marr
The issue In this age of globalisation and political unrest, foreign banks are perhaps not as safe as they once were….
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The electric car revolution!
14th February 2020
Posted in Articles, Business Tax by Forbes Dawson
The issue Since a recent Tax Bite (https://forbesdawson.co.uk/employee-incentive-arrangements/2020/01/17/electric-company-cars-for-employees/) we have been inundated with queries from employers and employees about how electric…
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Discharge of a director’s loan account on liquidation is not a write-off!
22nd November 2019
Posted in Articles, Business Tax, Capital Gains Tax by Forbes Dawson
The issue There have been various rumours circulating about a HMRC ‘test case’ with the following key points: A director’s loan…
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Don’t lose out on tax relief on loans to companies
21st October 2019
Posted in Articles by Forbes Dawson
The issue Generally if you borrow funds to help out your company then you should be able to benefit from tax…
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Offshore property companies need to review UK tax reporting requirements
14th October 2019
Posted in Articles, Capital Gains Tax, Property Tax by Andrew Marr
The issue Not so long ago offshore companies did not have too much UK tax to worry about. If they received…
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