Having lost out at the first tier tribunal, HMRC took racing giant McLaren all the way to the upper tribunal to see a judgement in their favour, in a recent tax case. Back in 2007 a (one can only imagine, disgruntled) former Ferrari engineer passed confidential design and performance information onto McLaren regarding Ferrari's Formula One cars, which McLaren … Continue reading HMRC Takes The Driving Seat
...I didn’t think so! As Christmas draws closer, most people in work are looking forward to their much deserved time off, and, of course, the Christmas Party! To keep up the festive cheer, the tax man is offering tax exemptions to businesses of all sizes for employee entertainment. To obtain the exemption, the event must … Continue reading Thinking of giving the Tax Man a gift this Christmas?