When a nursing home is acquired as a going concern by a limited company it is important for accounting and tax purposes that the consideration is allocated appropriately between i) the property, ii
The recent tribunal case of Mr Vaines v HMRC (TC02965) dealt with whether a deduction from trading profits was allowed under the ‘wholly and exclusively’ principles, for an out of court settlement
Overview & Background to the ATED
I am one of 2 directors and shareholders in a small group of companies operating children's day nurseries.
For those of you who failed to find the exciting Government Consultation Document, ‘Raising the Stakes on Tax Avoidance’. It is a fluffy, woolly document which proposes that the HMRC should have d
Mark Lee has long maintained that most clients want tax advice from their accountants. But what does this mean?
I am a Spanish lawyer based in Marbella hence Spanish tax resident. I am also a UK Solicitor and since August 2010 a UK Notary Public.
Self Assessment season is often a difficult time of the year; with so many different areas of tax to get to grips with, it can be hard to find the right advice.
If you consider the amount of tax you or your clients have paid over their lives in various forms to date, you may look back and find areas where you could have saved money.