Disguised Remuneration – What Happens If You Don’t Pay The Loan Charge 2019?
Following a government crackdown on illegal Employee Benefit Trusts (EBTs) and wider Disguised Remuneration schemes, a deadline was drawn up whereby employees and contractors who had received funds via these methods could voluntarily settle any tax they owed as a result.
What is Director Disqualification? Definition, Your Rights & Effects
The Company Directors Disqualification Act 1986 states that an individual who, up until action is taken against them, was acting as a company director “shall not be a director of a company, act as receiver of a company’s property or in any way.
What to Expect in HMRC Enquiries into R&D Tax Credits Claims
If your company operates within the fields of science and technology, or is otherwise engaged in the creation of innovative products, services or techniques, you may be aware of the availability of HMRC Research and Development tax credits.
What Are Your Options When HMRC or Border Force Seizes Your Goods?
If you have purchased or ordered items to be delivered from abroad, or you are shipping items out of the UK, they will be required to pass customs checks. It is at this stage where, on occasion, items may be seized by border officials.Read More
Failure to Prevent the Facilitation of Tax Evasion: What You Need to Know.
The Criminal Finances Act of 2017 serves to criminalise the failure of businesses to prevent the facilitation of tax evasion. The two offences created under this new legislation have a basis in the Bribery Act 2010, and mean that your company can be held responsible for illegal tax Read More
Proceeds of Crime Act 2002: Civil Recovery or Criminal Recovery?
Part 5 of the Proceeds of Crime Act 2002 (or POCA 2002) enables prosecuting agencies to recover property which have been obtained through unlawful conduct.This right can be exercised by the NCA or another authority whether or not any proceedings have been brought in relation to a criminal offence.Read More