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I’m a low-tax guy In today’s Times article, new Chancellor Sajid Javid has set his stall out as a man in favour of lower and simpler taxes. A more cynical mind might suggest that this is not in doubt bearing in mind Mr Javid’s well publicised use of a tax 
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I’ve received a COP9 letter – What should I do? What is COP9? Code of Practice 9 or COP9 is a document that is rolled out by HMRC as part of its Contractual Disclosure Facility. HMRC will only issue a letter under COP9 where it believes there has been serious tax 
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COP9 investigation process What is COP9? Code of Practice 9 (“COP9”) is a document that is issued by HMRC. It is part of its Contractual Disclosure Facility or CDF. COP9 is only by HMRC’s Fraud Investigation Service or FIS. It should be noted that one may only use the CDF Facility 
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Is there ever, I wonder, a good time to say goodbye? It’s something which I’ve found myself reflecting on having learned that HMRC’s Chief Executive, Sir Jonathan Thompson, has announced his decision to leave later this year in order to take up an equivalent post at the Financial Reporting Council. 
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Charity, it has been said, helps reinforce society’s positive, solid foundations, so it’s perhaps appropriate that a 17th-century architect is credited with having originated one of the most well-used quotes on the topic. Sir John Vanbrugh – the man who designed a number of Britain’s most palatial properties, including Blenheim 
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Trust Income tax General position  The trustees will pay income tax any trust income They will pay this tax on behalf of the trust under the normal self-assessment rules. In other words, the same filing deadlines and payments on account rules as for individuals will apply. Of course, the Trustees’ 
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Background – What is a trust? So, what is a trust? Getting your head around precisely what a trust is has sent many a person, including advisers, to the brink of insanity. At its most basic, a trust is a separate legal entity – like, say, a company. However, and 
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In defence of personal service companies Technology and economic circumstances mean that the British work place has continued to evolve over recent decades. Only last month, Companies House released data showing that there were 182,742 new incorporations in the first quarter of the current calendar year. Flexible working and a 
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JSOP or Joint Share Ownership Plan Overview of JSOP A Joint Share Ownership Plan (“JSOP”) is a non-statutory, or unapproved (not this does not share scheme that offers a tax advantage for employees. A JSOP provides the opportunity for an employer to incentivise and reward key employees, whilst aligning the 
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Employee Ownership Trust is Sweet Music for Richer Sounds Many successful businesses have been born out of the spark of individual genius but few ever reach their full potential as one-man (or woman) bands. Entrepreneurs – those responsible for the original idea – often require the insight, experience and industry 
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