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Overseas Workdays – What a Relief!

One of the most valuable tax reliefs available to expats working in the UK is Overseas Workdays Relief (“OWR”).Foreign national expats that have come to the UK for purposes of employment, and are a ...

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ATED Filing Obligations and Penalties…

Companies that own UK property are required to file annual ATED Returns (“Annual Tax on Enveloped Dwellings”) with HMRC.

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HMRC issues damning impact statement on the new Health and Social Care taxes

Further to the government’s announcement on 7 September 2021 HMRC have now released their less than positive impact statement on the 1.25% NICs increase.

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Eclipse film partnerships landmark “tax amnesty” announced by HMRC

HMRC have announced a ground-breaking tax amnesty (known as a settlement opportunity) for current and former members of the Eclipse Film Partnerships. Under the terms of that offer, HMRC will not ...

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Prime Minister announces dividend and NICs tax rate increase

Boris Johnson has today announced a 1.25% health and social care tax across the UK to help the NHS recover from the Covid pandemic. This will initially be collected via a 1.25% rise in National ...

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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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UPDATE: HMRC Closes Secret Unit to Investigate Family Investment Companies

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Footballers beware!

Football is currently providing rich pickings for HMRC as illustrated by a recent Freedom of Information request.

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You couldn’t make it up!

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