Monthly Archives: September 2010

Family companies still under scrutiny by HM Revenue & Customs

Despite several high profile cases going against HM Revenue & Customs, the tax authority is continuing to pursue shareholders in family companies where there is perceived tax avoidance by income shifting.  Income shifting is the process of diverting income from … Continue reading

Posted in Corporate, General news, Personal, Taxation | Leave a comment

National Insurance Holiday for new businesses

This three-year scheme will be available to a qualifying new business which is set up on or after 22 June 2010.  Unfortunately, the scheme only applies to businesses outside London, the South East and the East of England. The scheme will provide exemption … Continue reading

Posted in General news, Taxation | Leave a comment