Fairly straightforward. They took their money which triggered a tax liability (con #1) and then it was stolen (con #2). There is no protection in law or even tax law for being stupid. (View Post)
Always wonder about the phrase 'cuts'. If you have a trend line going up at 10%pa and you decide it has to be 5%, then there are 'cuts'. No one knows what the actual cash outcome will be until they s… (View Post)
There was the Westminster Doctrine - essentially you are not obliged to arrange your tax affairs to suit HMRC/Inland Revenue. But somewhere a line was crossed in that actively engaging to game the le… (View Post)