All posts tagged tax

woman filling in a tax return

Benefits of accountants for limited company contractors

Becoming a limited company contractor has a number of benefits, including the potential to limit your tax and National Insurance burden. However, there is a large amount of administration that goes with this choice, so should contractors hire an accountant? […]

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hmrc blunder

HMRC introduces new regulations to curb tax avoidance on high value residential properties

HM Revenue and Customs (HMRC) announced today that new regulations have been established to ensure the disclosure of schemes designed and marketed to avoid paying the Annual Tax

woman filling in a tax return

Advice for those selecting an accountant to file tax returns

There are many wonderful aspects to working as a contractor. You've got the freedom to work the hours that suit you. You can select projects that you are

man piling money

Contractors warned over looming online tax return deadline

As HM Revenue and Customs (HMRC) threatens 300,000 late filers with debt-recovery actions that could include the seizure of goods, accountancy experts have issued a warning to contractors

Luxembourg is the home of many multinationals for tax purposes

Multinational companies to feel increased pressure from local tax authorities

Is it inevitable that multinational companies pay pitifully small sums in tax relative to huge profits? Not necessarily because amid growing political and public outrage at how multinationals organise

starbucks cups

Starbucks agrees to pay more UK tax

The UK arm of US coffee chain Starbucks Corporation (Nasdaq:SBUX) announced today that it would pay more tax and

hmrc blunder

HMRC non-executive board members have strong links with big business

All four non-executive board members of HM Revenue & Customs (HMRC) have extensive links with big business, leading to wide-ranging calls for HMRC to make its key strategic


US coffee giant Starbucks dodges UK income tax

Starbucks has paid just £8.6m in UK taxes over the last 14 years according to a special report by Reuters. The news agency also reports that the Seattle


British clients of HSBC-controlled bank in Switzerland avoid £200m in taxes

British clients of an HSBC-owned private Swiss bank that is the focus of a major HM Revenue & Customs investigation are alleged to have evaded tax by an amount likely

Tax Return

British government proposes crackdown on tax avoidance firms

The UK government said on Monday that it planning a new proposal which is designed to force finance companies to hand over the client lists of tax dodgers

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