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Showing 1-8 of 8 results
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Huge legal fees to clear name allowed as deduction
... can be deducted. TRRS’s argument TRRS believed the legal fees to be wholly and exclusively for the purpose of ... and customers. Triad of purposes HMRC argued that the legal costs had arisen, not just to benefit the trade, but ... “defence of the trade” was the only reason for the legal costs, or whether “defence of personal reputation” ...
12th Apr 2022 | Article -
HMRC ready to penalise off-payroll mistakes
... it found were deliberately breaching the rules. Brookson Legal’s head of legal services Matt Fryer confirmed that the department’s ...
11th May 2022 | Article -
Nursing home incorporation breaks all the rules
... of beneficial interests would have required detailed legal drafting (there was none, despite the Law of Property ... complex accounting treatment required, and the onerous legal responsibilities being assumed are all factors that ...
6th May 2022 | Article -
Tribunal rejects exclusion of debt from proceeds
In a case that underscores the importance of legal contracts and their tax implications, two taxpayers ... it does serve as a reminder of the importance of proper legal drafting of contractual documents. Tribunal rejects ...
6th May 2022 | Article -
Tax QC beats claim for negligent advice
... his or her own professional advisers with regard to tax, legal, currency and other economic considerations”. Trading ...
1st Apr 2022 | Article