Offshore companies with UK property – update

Offshore companies with UK property – update

by | Oct 31, 2022 | Update

HMRC have confirmed that they will be undertaking a campaign to address non-compliance with UK tax legislation by companies established outside the UK which hold UK property.   There are two types of letters which HMRC will be issuing – A letter which is...
HMRC nudge letters

HMRC nudge letters

by | Sep 12, 2022 | Update

HMRC will shortly begin issuing letters to non-UK companies which own UK property. There will be two types of letter – Letters to companies which may be subject to tax as non-resident landlords or subject to tax under the ATED regime. HMRC also note that such income...
Loan charge guidance – the fog clears (a bit)

Loan charge guidance – the fog clears (a bit)

by | Aug 14, 2020 | Update

By Jon Preshaw HMRC have now published guidance on the implications of the Finance Act 2020 changes for ongoing disputes and settlement discussions. As ever, there are a few steps forward and a few steps back. There’s also lots to do before the (now absolutely fixed)...