What can Gareth Southgate teach us all?

What can Gareth Southgate teach us all?

The success of the England football team in beating Denmark 2:1 in the Euro 2020 semi-final at Wembley was remarkable. Whatever the outcome of the final against Italy (a formidable team), England can be proud to have reached the final. So what can Gareth Southgate...
Mistakes in tax returns

Mistakes in tax returns

The initial problem A taxpayer made some mistakes in his tax returns (filed under self-assessment) by omitting a P60 and some P11Ds and by being oblivious to the High Income Benefit Charge (HIBC). Although it is obviously always wrong to omit a P60 from a tax return,...
When tax advice goes wrong…

When tax advice goes wrong…

This is an updated version of a previous case study of September 2020. Mistaken tax advice given in innocence An individual approached us at SME Strategies in some despair. He and his wife had been given tax advice by a previous accountant to move rental properties...
HMRC enquiry into undeclared overseas income

HMRC enquiry into undeclared overseas income

A taxpayer approached us through a mutual contact after receiving a letter from HMRC saying they were opening an enquiry into personal undisclosed overseas income. The client’s own accountant was not familiar with HMRC enquiries into overseas income and suggested a...
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