Personal Service Companies

Personal Service Companies

HMRC is extending the scope of IR-35 to the private sector so personal service companies are currently a very topical area. This did not feature in the Advanced Tax March 2021 exam so is likely to come up in the forthcoming June 2021 exam. We will be covering this...
A Piece Of Heaven

A Piece Of Heaven

Several years ago, it was revision week, and I was smashing through the examiner’s most difficult Advanced Tax questions as this is the best way to prepare for the exam. Divya, one of my students was usually smiling and answering questions, had left the room. In the...
Random Acts Of Kindness

Random Acts Of Kindness

This is Random Acts Of Kindness’ week and social theory indicates that if you observe a random act of kindness, you naturally feel the need to be kind to someone else. Just a single act of kindness sends ripples through the social network setting off chain reactions...
The Streetlight Effect

The Streetlight Effect

An ACCA ATX student was taking a walk to clear his head after doing 6 exam questions when he noticed one of his elderly neighbours on his hands and knees looking for his keys under the streetlight. Being a courteous young man, he offered to help. Just then, another...
Rock And Rollover Relief

Rock And Rollover Relief

With regard to capital gains tax, deferral reliefs allow gains to be postponed to the future and preserve funds for the business to use in its operating activities. The most important deferral relief is rollover relief as it forms the framework for other similar...