Author Archives: Eamon McNicholas

About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com

EU-New Zealand Treaty Talks in Trouble Before They Start

The EU hopes to start talks on a trade deal with New Zealand this year, the EU Commission announced this week, but adding only after all the preparatory work was complete. The problem the EU has is that on past … Continue reading

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VAT and affiliation fees for sports clubs – Notice 701/45

HMRC has given notice of the withdrawal of its extra statutory concession (ESC) on VAT and affiliation fees for sports clubs, currently published as paragraph 3.6.2 of VAT Notice 701/45. “A sport’s governing body, or similar umbrella organisation, often charges … Continue reading

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Tax-Deductible Professional Bodies and Societies

An updated list of professional bodies, and learned societies, whose subscriptions HMRC has approved for tax deduction has been published. But for tax deduction the subscription has to be necessary or helpful to a taxpayer doing their work and paid … Continue reading

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NAO Queries HMRC Estate Plan

  The National Audit Office (NAO) in a report has queried HMRC’s handling of it changing its estate from 170 local offices to just 13 regional centres (plus four specialist sites and a London HQ). Particular problems identified were HMRC’s … Continue reading

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EU and Special Sweetheart Tax Deals

The European Commission President, Mr Junker, is under pressure from some quarters to explain his alleged role in facilitating multi-national tax avoidance while Luxembourg prime minister. Critics claim that while Luxembourg PM he helped give special sweetheart tax deals to … Continue reading

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Reminder on Married Tax Allowance

HMRC are reminding people that there is a limited married or civil partnership tax allowance. A quick summary can be found on HMRC’s part of the Gov.UK website where they say :- “Marriage Allowance lets you transfer £1,100 of your … Continue reading

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Zurich Made to Pay Damages for Wrong Tax Advice

The High Court has found Zurich Assurance Ltd, and others, liable for bad inheritance tax (IHT) advice given to Mrs Lenderink-Woods. She had married a Dutch naval captain in WWII and not lived in the UK since 1948. In bringing … Continue reading

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