tax | AccountingWEB


My friend lives and works in UK, and pays Taxes in UK.

However he also owns a small company in India (he is basically an Indian).


Small ltd company client is currently being paid net interest by Natwest. I have asked the director to tell the bank to pay gross instead. 


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


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.



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


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


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.