Cleansing of Funds
The provisions dealing with cleansing mixed funds contained in an offshore bank account are set out in Finance (No.2) Ac...
Management of taxes
Management of taxes
Lobler mark 2: a failure of process?
The First-tier Tribunal case of Thakoral Tailor v HMRC [2017] UK FTT 0845 (TC) is worrying on a number of levels....
Following around the world
As many readers will be aware, a Follower Notice (FN) can be given where the ‘principles or reasoning‘ in a relevant jud...
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Traps for the unwary
Where official guidance is wrong, misleading or incomplete, users are at risk in two respects.
DOTAS or not to DOTAS – that is the question
For the past decade or so, HMRC’s stated ethos has been to collect the maximum amount of tax.
A requirement to correct (RTC) – not to be underestimated
Hopefully all Tax Advisers reading this article are well aware of the obligations and consequences of the Requirement to...
Taxation of Property in India
My previous articles were on India’s new GST law and the direct tax system.
Losing my mind
A client undertook tax planning which is now the subject of HMRC attention, and the adviser needs to make representation...
A new dawn
The ADR deficit It is well known that the Tribunal system is under increasing pressure and often overwhelmed with cases...
Masters of disguise unmasked
The tide has undoubtedly gone out so far as such arrangements are concerned.