Tag Archives: tax

Tackling tax evasion: It’s not the “what” but the “who” that’s worrying directors

The Criminal Finances Act received Royal Assent on April 27 and is expected to come into force sometime in 2018. It’s already a crime to evade tax and assist taxpayer intent on evasion. So what’s the big deal and why … Continue reading →

The cyber risk of tax return fraud: what you should know

There are many opportunities for fraud during the creation, delivery and usage of tax documents during tax filing season. Continue reading →

The Cadillac Tax is Politically Unpopular – So is Repeal a “Done” Deal?

Willis is a member of the Alliance to Fight the 40 – the reference is to the 40% excise tax on so-called “Cadillac” plans that is part of the Patient Protection and Affordable Care Act (PPACA). The Alliance used that … Continue reading →

Directors Waiving Bonuses Can Still be Taxed on Them

As the battle against spiralling directors’ bonuses continues unabated in the UK, I came across this interesting and topical snippet from accountants BKL on the perils of renouncing directors’ bonuses. Continue reading →