Three New Bailey is a gateway building on the £1bn, 50-acre Salford Central masterplan being delivered by The English Cities Fund (ECF) – a strategic joint venture between national urban regenerator, Muse Developments, Legal & General and Homes England – in partnership with Salford Council....
These proposals target structures where a partnership, including an LLP or a non-U.K. partnership, with a mixture of individual and non-individual partners, allocates profits or losses to a corporate member (or another member that does not pay U.K. income tax), and: where profits are allo...
Thompson meanwhile said the customs partnership option, described by foreign secretary Boris Johnson as “crazy”, could cost £700m to set up. He noted that the system could arguably be cost-neutral for businesses once running – but could cost them up to £3.4bn a year. Th...
HMRC's latest court victory to stop a film investment partnership called Eclipse Film Partners No 35 LLP from gaining £117m in tax relief on a £1 bn film licensing deal with Disney, is seen as a coup in the taxman's clampdown on tax avoidance.Set up in 2005, Eclipse 35 combined fun...
A Taskforce is a specific HMRC Enforcement and Compliance Project which uses appropriate intelligence and risk information (internal and external), to target high- Template 3 v1.0 risk evaders in a clearly defined geographic location and industry sector, working in close partnership across teams/...
HMRC highlights in the Charter 'working in partnership with you' and states "we will help you meet your tax responsibilities and work with anyone you've asked to act for you". This loses the important right of the taxpayer to be directly and exclusively represented as was included in the ...
“The figures would appear to suggest that small businesses are recognising that an unincorporated sole trader or partnership structure is best suited to their needs. Some businesses have been a little quick off the mark to set up as a limited company when that structure is not at all suited ...
The LT4L Scheme is a tax-planning option that involves landlords declaring a trust over their buy-to-let rental properties in favour of a limited liability partnership (LLP). The key steps associated with the LT4L Scheme include: The landlord sets up the LLP and transfers the economic in...
“ACCA’s members are keen to see more detailed improvement plans for HMRC service standards as a matter of urgency. Closer partnership working with professional bodies, such as ACCA, could help highlight and prioritise areas for improvement including efficiencies that could be gained through improvin...
Three New Bailey is a gateway building on the £1bn, 50-acre Salford Central masterplan being delivered by The English Cities Fund (ECF) – a strategic joint venture between national urban regenerator, Muse Developments, Legal & General and Homes England – in partnership with Salford Council....