It’s surprising how a seemingly innocuous structure for holding property can have us shivering with horror as tax advisers. One such is the parallel property holding company. The structure look likes this: a trading company occupies business premises, be they
You and the Revenue Who will mediate the mediators themselves? With due apologies to the Roman poet, Juvenal, this phase is called to mind by HMRC’s way of “mediating” disputes with taxpayers, for reasons which will become apparent. These days
To judge by the advice that a lot of accountants are giving their clients, you’d have thought that the LLP was dead. Always a minority interest, plugged by sneaky tax avoiders and those who write in the Schmidt Tax Report,
