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Featured article

INHERITANCE TAX

Generous gift or an IHT trap?

As the tax year draws to a close one of our subscribers wanted to make some gifts to use up his Inheritance Tax (IHT) annual exemptions. We reckoned he may have overstepped the mark with his generosity. Why?

Most read articles

HMRC

When the Taxman phones

The Taxman is about to start calling Taxpayers at odd hours, seven days a week. How will you know if the call is genuine? If it is, should you give him what he wants? More...

INCOME TAX

Eleventh hour higher rate tax dodges for investors

In just two months some of you will be facing income tax rates of up to 60%. Tax boffins have been inventing some pretty complex schemes to avoid these. But are there some simple steps you could be taking now? More...

INVESTIGATIONS

Taxman starts an investigation war

The Taxman used a partial amnesty to lure in those with undeclared offshore income. It paid-off big time. Now hes widening the target and you might be next! More...

VAT - CARS

Getting the VAT back on motoring costs

The experience of one of our subscribers during a recent VAT inspection is a reminder of how tricky the VAT rules on cars are. It turned out that his company was under-claiming VAT. Could you be missing out? More...

INVESTIGATIONS

Dealing with a standard enquiry letter

The Taxman has rethought his first line of approach on tax enquiries. He says hell now focus on asking only for the information he believes is relevant. How can you make him keep to his word? More...

Last updated: 12.03.2010

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