Tag Archives: scheme

Which types of work / business structures are covered by CIS?

In my experience as a tax barrister, CIS (construction Industry Scheme) problems start even in identifying whether you are in a business to which the CIS applies. So to start with some clarification, the CIS can be applied to businesses … Continue reading

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P&O Shipping Lose HMRC’s Challenge to Tax Scheme

Tax and boats is a favourite area of mine, even for very big boats and ships. So news then, that P&O (shipping and logistics) has had a global tax avoidance scheme, for some £14 million tax relief, successfully challenged by … Continue reading

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Tax avoidance promoters ‘running rings around HMRC

“New powers for HMRC to fine those who promote schemes that could not ‘reasonably be expected’ to work, also in force in Australia, should be looked at seriously in tandem, the MPs said.” http://www.contractoruk.com/news/0010936tax_avoidance_promoters_running_rings_around_hmrc.html Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.com

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Tax dodgers ‘should be named and shamed’, say MPs

“Australia has also introduced powers to fine those who promote schemes that could not be reasonably expected to work or comply with the advance ruling system, We encourage HMRC to look seriously at whether these and other measures could be … Continue reading

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UK Court Rejects Medical Research Tax Avoidance Scheme

Tax avoidance schemes are rarely as straightforward as they seem at first glance. Anyone setting up a complex tax scenario should certainly get expert advice first. Here’s an interesting case: http://www.tax-news.com/news/UK_Court_Rejects_Medical_Research_Tax_Avoidance_Scheme____59297.html Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.com

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