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TAP announce partnership promotions

We are delighted to announce the promotion of Helen Mallalieu and Sophia Passingham to Partnership within Tax Advisory Partnership. The promotions reflect the hard work and dedication of Helen and ...

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Is Tax Evasion On The Rise?

A recent freedom of information request shows a slight drop in the number of reports of suspected tax evasion made by members of the public and businesses in the last tax year. Unfortunately, it ...

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You couldn’t make it up!

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Chu-CHUNK!

Some of us remember the first time they scurried along to the dusty stamp office and hesitantly asked a gruff Inland Revenue officer to put wax stamps onto a form and then ran back to the their ...

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Budget 2021 - Summary of key tax announcements

The Chancellor of the Exchequer has delivered a budget which contained little in the way of major surprises given that a lot of it had already been trailed in the press.

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UK Budget Date Announced

For those who might have missed it, the Chancellor, Rishi Sunak has announced that the date for the next UK Budget will be 3 March 2021. The Government had planned to hold a Budget in the Autumn ...

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A UK wealth tax?

The fact that the possibility, however remote, of a Conservative government introducing a one-off wealth tax is being discussed shows just how hard the UK’s economy has been hit by the coronavirus ...

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New Crown preference for tax debts

Despite fierce opposition to the measure, on 1 December 2020, the Crown (for which read HMRC - the UK tax authority), was promoted from ordinary unsecured creditor status to preferential creditor ...

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The Annual Investment Allowance: a one-off opportunity

You can currently deduct the full value of an item that qualifies for annual investment allowance (AIA) from your profits before tax but the value of this relief is due to fall sharply and ...

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Streamlined Filing Compliance Procedures

The US is one of the few countries in the world to tax their citizens not on their US residency status but on their citizenship. This means that US citizens (and Green Card holders) living outside of ...

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