Industry News & Comment

/Industry News & Comment
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Another Win for HMRC in Tax Avoidance Case

HM Revenue and Customs has defeated a tax avoidance scheme used by the wealthy to reduce their tax bills.

The decision on the scheme, known as Clavis Liberty Fund 1 Limited Partnership, means £18m of tax money will […]

By |October 28th, 2017|Categories: IFA News, Investor News, Latest News, Uncategorised|Comments Off on Another Win for HMRC in Tax Avoidance Case

Credits roll on tax breaks for film investors

High-risk venture: tax breaks which financed James Bond are coming under fire
Film investment schemes that have helped finance a string of hits, including the James Bond movie Skyfall, are under threat from a government review […]

By |October 17th, 2017|Categories: IFA News, Investor News, Latest News, Uncategorised|Comments Off on Credits roll on tax breaks for film investors

Bank ‘forced analyst to change critical report’

Jefferies accused of yielding to pressure to win clients

The City watchdog is investigating an American investment bank over claims that senior managers improperly interfered with the work of analysts in its research department, an employment […]

By |October 17th, 2017|Categories: IFA News, Investor News, Latest News, Uncategorised|Comments Off on Bank ‘forced analyst to change critical report’

HMRC hits winning streak in tax avoider crackdown

HM Revenue & Customs lost only three of the tax avoidance cases which went to court during 2016/17.

During that year there were a total of 26 decisions in litigation over tax avoidance between HMRC and […]

By |August 24th, 2017|Categories: Uncategorised|Comments Off on HMRC hits winning streak in tax avoider crackdown

HMRC crackdown brings in £29bn from tax dodgers

HMRC brought in an extra £29bn by cracking down on the minority of individuals and businesses who try to not pay the tax they owe.

The figure is revealed in its annual reports and accounts for […]

By |July 15th, 2017|Categories: IFA News, Investor News, Latest News, Uncategorised|Comments Off on HMRC crackdown brings in £29bn from tax dodgers

Warning from senior figure as advisers told to act early or risk disappointment when looking for EIS investments this year

A senior figure in the EIS community is warning advisers that they should start their EIS ‘season’ early, way before the traditional period of January to the end of the tax year. CEO of Kuber Ventures Dermot […]

By |October 22nd, 2016|Categories: IFA News, Investor News, Latest News, Uncategorised|Comments Off on Warning from senior figure as advisers told to act early or risk disappointment when looking for EIS investments this year

Please note: The information displayed below is reliant on third party sources – CIDG believe them to be reliable and are not responsible for any inaccuracies. This information does not amount to legal, taxation or accounting advice to any person.