Revenue Turn the Big Guns on “Tax Avoidance”

Since the Entrepreneur’s Tax Guide was published, there has been a continuing, you might almost say relentless, public hue and cry against tax “avoidance”, in particular what I refer to as the “aggressive” type of planning, or the “brick through

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The End of Corporation Tax “Leakage”

One of the disadvantages of limited companies – and there are many – discussed in Chapter 5 of the Entrepreneur’s Tax Guide is the case of tax “leakage” where a company that is paying marginal rates of CT then pays

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More Thoughts About LLP’s

Since the book was published late in 2013, you may be aware that there are changes in the air regarding how LLP’s are taxed. I’ve set out in the Schmidt Tax Report my initial reaction to some proposed new rules

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Ten Top Inheritance Tax Planning Tips

1. Play ‘Leapfrog’ The reason inheritance tax (IHT) is such an insidious tax is because it attacks family wealth, like a sort of cancer, every generation. But often, you simply don’t need to submit to this regular erosion process. Let’s

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November 2013 Tax News

No secrecy for beneficial shareholders of UK companies The British prime minister has announced that a publicly available central registry will be created listing all the beneficial owners of UK companies as part of the ongoing crackdown on tax evasion

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