Painting: whether a wasting asset
Interest credited to joint account
Partial surrenders of life insurance policy
Pension scheme: application for late election
Paul Howard sets out the tax consequences for the different methods of finance
National insurance contributions: whether official record of contributions paid correct
A bogus financial adviser was jailed for three years after Hull Crown Court heard that he persuaded more than 30 people to make unauthorised transfers of £3.4m from pension funds to avoid paying tax of £1.9m.
‘The world has changed for tax evaders,’ Dave Hartnett, Permanent Secretary for Tax at HMRC, said as HM Treasury announced yesterday’s agreement with Switzerland to address evasion by UK taxpayers.