Howlader & Co Blog

UK tax

Around The World In 80 Taxes: An Infographic

16th May 2017

Remember the last time you had an interesting conversation about tax? No, us neither – and we’re accountants! But once in a blue moon even taxes can raise a chuckle. In an attempt to prove taxes can – very occasionally – be fun, we’ve put together a list of the 80 weirdest taxes past and present from around the world. From a ...read more

Recession deemed ‘Reasonable Excuse’ for VAT penalty appeal.

10th September 2014

A tax tribunal judge has accepted a company’s reason for late payment of VAT liabilities as due to ‘factors flowing from the recession’. Scrimsign Micro-Electronics Ltd received three surcharge notices from HMRC for failing to pay their VAT bills on time. Despite the managing director appealing to HMRC that the company was suffering from financial difficulties attributable to the economic climate, ...read more

hmrc UK tax vat

Inheritance tax: How to save thousands by planning in advance

28th February 2014

The number of Brits affected by inheritance tax is set to double to 42,000 by the year 2016-17 according to experts, but it seems worryingly few of us know much about the tax at all. We’re here to put that right. Crowd pleasers to a fault, we’ve put together this guide to help you understand why inheritance tax is important – ...read more

changes to inheritance tax estate tax inheritance tax inheritance tax implications of gifting tax-free allowance UK tax

Multi-national tax avoidance

22nd November 2012

This week the newspapers have been following the proceedings of the appearance of representatives from Starbucks and Amazon in front of the Public Accounts Committee. The UK based operations of these big multinational companies have managed to avoid paying more than a minimal amount of corporation tax to the UK through a variety of systems which although legal, are causing ...read more

Amazon Amazon tax avoidance PAC Starbucks Starbucks tax avoidance Tax avoidance UK tax

Foreign Aspects Of Tax: Residence/Ordinary Residence/Domicile

7th September 2012

UPDATE October 21, 2013: Following their overhaul of the way that statutory residence is determined (covered in our Budget 2013 blog here), HMRC has released updated guidance in booklets RDR1 and RDR3. These replace the previous guidance, HMRC6, and contain examples covering typical situations that may apply to you if you have foreign income ...read more

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