IR35 was established in 1999, and enforced in 2000, as part of the Finance Act. The intention of introducing IR35 was to eliminate cases where employees operate under Personal Service Company (“PSC”), usually an owner-run limited company, to avoid fulfilling…
Tom Adcock talks us through the exemptions and recent examples of clients CBW has helped reclaim some, or all, of their ATED charges.
Andy White, Senior Partner at CBW, examines whether the tax authority’s latest attempts to clampdown on tax avoidance are really necessary and, more importantly, how they could fundamentally infringe upon taxpayers’ rights.
Robert Maas, Tax Consultant at CBW, provides new approaches to the old problems arising from family property investment companies.
Now that we have had time to think about the Budget, it still seems as odd - or perhaps unfocused - as it did on first sight.
CBW has won yet another appeal before the Tax Tribunal, Cooke v HMRC. It was an appeal against a “discovery” assessment, that is one where HMRC raises an assessment late.
CBW's Robert Maas suggests that there is an interesting conundrum for tax practitioners arising from the Supreme Court's decision the Glasgow Rangers case.
A considered opinion on the UK government’s Autumn 2017 Budget and how it could affect you.
CBW's Michaela Lamb highlights the key announcements in Hammond's first Autumn Budget.
In order to meet increased money laundering standards, HMRC have launched a new Online Trust and Estate Register.
Although the usual drivers for taking out an equity release mortgage have led to well-documented problems, Andy White, Senior Partner at CBW, explains how the much-maligned product can be a useful inheritance tax planning tool
Following the results of last week’s general election, we feel it is important to highlight the effect on April’s Finance Bill.
With the first phase of George Osborne’s restriction of mortgage tax relief coming into effect this April, Robert Maas, Tax Consultant at London accountants, tax and business advisers CBW, gives guidance on how buy-to-let landlords can bypass the restriction.
HM Revenue & Customs (HMRC) are always on the lookout for what they perceive as abuses of the tax system. They think they are losing VAT revenue because businesses are using a flat rate which benefits the taxpayer rather than HMRC.
EIS and SEIS are two of the most valuable forms of tax reliefs open to investors, worth up to 30% and 50% of the investment respectively.
CBW gives its considered opinions on the Budget and importantly, how it affects you.
The proposal on non-doms who have been here for more than 15 years, or who were born here with a UK domicile of origin, is to tax them in exactly the same way as a UK domiciled individual.
A number of people who are building up a buy-to-let portfolio in their own name are asking whether they should incorporate the business in the light of the proposed restriction on relief for interest paid.
To describe last summer’s announcement of the new rules on dividend taxation as a surprise hardly does justice to the extent of the tremors felt throughout the taxpaying community.
When HMRC announced that it would introduce a statutory residence test, there was a collective sigh of relief from the tax profession; at last, some certainty! At least, that is what we hoped would be achieved.
In life, there is nothing certain but death and taxes – and even on death there is still Inheritance Tax to pay
Inheritance Tax (IHT) is actually a form of estate tax, not a tax in inheritances. It is payable on death and on some lifetime gifts.
Just prior to the Christmas break, HMRC released draft legislation that they will look to include within the 2016 Finance Bill. Amongst the 645 pages is a new piece of anti-avoidance legislation that is a real nasty!