Sunday, 17 January 2016

Frank Hirth: Private Client Tax Directors, Iain Younger and Rhea Lucia-Hennis, have been appointed to the Board with effect from 1 January 2016.

Frank Hirth: Having joined the company in 2000 and 2002 respectively, Iain and Rhea have both successfully moved through the management hierarchy with their outstanding knowledge and experience of UK/US tax planning and compliance for high net worth individuals.

Full story: http://www.frankhirth.com/frank-hirth-appoints-two-new-directors-to-the-board/#.Vpv8YGxifIU

HMRC not investigating HSBC

ICAEW: HMRC has admitted that it is not launching an investigation into HSBC despite revelations about its Swiss arm aiding clients to evade tax.

Full story: http://economia.icaew.com/news/january-2016/hmrc-not-investigating-hsbc

Worst late tax return excuses

ICAEW: From hungry pets to five-year arguments, HMRC has heard it all. Here’s the top ten worst late tax return excuses.

Full story: http://economia.icaew.com/news/january-2016/worst-late-tax-return-excuses

HMRC looks to pre-empt late tax returns

Private Client Adviser: The tax authority wants to avoid a repeat of the collapse of its 'reasonable excuse' criteria for fixed penalties last year.

Full story: http://www.privateclientadviser.co.uk/news/tax/hmrc-looks-pre-empt-late-tax-returns

'Calamitous' prospects for footballers who invested in tax schemes

STEP: Some professional footballers who invested in film partnership tax avoidance schemes that were later challenged by HM Revenue & Customs (HMRC) are facing 'calamitous' financial consequences.

Full story: http://www.step.org/news/calamitous-prospects-footballers-who-invested-tax-schemes

Tax expert expects surge for inheritance tax help

FT: Advisers could see more demand for their help in minimising inheritance tax bills, according to Simon Ruthers of Oxford Capital.

Full story: http://www.ftadviser.com/2016/01/15/ifa-industry/tax-planning/tax-expert-expects-surge-for-inheritance-tax-help-4QF9yGPItjDeARnUemjnvO/article.html