Mrs A. Thompson –v- Scancrown Ltd, trading as Manors In a case that received widespread…
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Charities will soon be able to take advantage of a new type of corporate vehicle that will lift the current burden of dual regulation
Complex avoidance schemes and the use of non-resident income sources have been subject to sustained attack by HMRC and this is expected to continue, with the UK tax authorities increasing information sharing with those of foreign countries and requiring disclosure of foreign accounts.
HMRC will also be looking forward to reaping additional income as the Court of Appeal has rejected the argument put forward by a wealthy Seychelles resident, finding that even though for many years he spent fewer than 91 days in the UK (and thus, in his view, maintained non-resident status), his residence for tax purposes was his home in Oxfordshire.