IR35: Arriving in April 2021

IR35: Arriving in April 2021

According to Wikipedia, IR35 refers to the United Kingdom’s anti-avoidance tax legislation designed to tax ‘disguised’ employment at a rate similar to employment. In this context, “disguised employees” means workers who receive payments...

HMRC to restrict Liechtenstein Disclosure Facility

HM REVENUE & CUSTOMS has restricted the situations in which taxpayers can use the Liechtenstein Disclosure Facility for offshore liabilities, amid concerns the system is open to abuse. The LDF enables Britons to obtain a generous settlement with HMRC on any...