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tax

A company with £20,000 annual profit which Buys a £1600 laptop, or Donates £200 to charity Does not get do do these at zero cost in real terms. They both still cost around 80% of the price paid it

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I always seem to have clients like this. 

I email the draft accounts to them and in my email I say:

"I have attached the accounts and tax documents.

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Hi,

I have a question, that I am sure is fairly straight forward. However, I cannot find a concrete answer too -

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HMRC have contracted-out  to Concentrix a fishing expedition challenging single individual's right to tax credits claiming- " we have information that there may be another adult living with you

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The difference between tax evasion and tax avoidance is something that has inspired debate for generations, while it continues to cause confusion to this day.

HMRC has ramped up efforts to curb suspected tax avoidance amongst high net worth individuals through its ‘Rising Stars’ team.

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This is the absract to a paper from the Centre for Economic Performance

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