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Tax Planning — A Survival Guide

David White Director McGrigors LLP argues that to help maximise the chance of tax planning being successful taxpayers must be realistic and follow certain simple guidelines
Tax planning has been killed off and resurrected in the course of several recent articles in The Tax Journal (including 'The Death of Tax Planning?' by Barbara Mosedale Issue 924 10 March 2008 and 'Tax Planning — I Will Survive' by Andrew Hinsley and Rebecca Busfield Issue 927 31 March 2008). This is the stuff of almost biblical proportions which seems appropriate in the light of the seemingly religious crusade being waged by HMRC against tax planning. You are unlikely to find another miracle below. However the following practical observations may help the faithful maximise their chances of...

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