Posts made in June, 2019

HM Revenue & Customs (HMRC) has a new £100m weapon to help identify individuals who may not be declaring all of their income, and therefore not paying enough tax. The new supercomputer ‘Connect’ uses information from a range of Government and website sources to create a profile of a taxpayer’s total income, as opposed to […]

Stamp Duty Land Tax – latest HMRC Avoidance Case Victory Based on previous recent verdicts, the latest First Tier Tribunal judgment in favour of HMRC against an annuity-based Stamp Duty Land Tax (SDLT) avoidance scheme was no real surprise.  Although the taxpayer (himself a self-proclaimed property tax specialist, who had implemented the same scheme for […]