Recently, HMRC released updated guidance which clarifies the UK’s position on the existence of image rights, their assignment and the ongoing taxation of income derived from them. HMRC maintains that the concept of “image rights” does not exist in UK legislation and therefore tax treatment in relation to them is uncertain. HMRC considers that the…
DetailsRead Mark Davies’ recent article on tax and morality in Spears Magazine: http://www.spearswms.com/blog/moral-outrage-is-not-a-way-to-calculate-tax-bills/#.U-N8Ef5wbIU
DetailsRead Jon Elphick’s recent article as The Tax Doctor in New Model Adviser: http://citywire.co.uk/new-model-adviser/the-tax-doctor-residency-rules-relieve-divorcing-couple-of-cgt/a765456
DetailsBeyond Napoleon: Tax simplification should be every Chancellor’s aim The enactment of income tax as a temporary measure to deal with Napoleon is still with us — but we need to move on. In The Times this week (June 16), Charlie Elphicke, MP, a former tax barrister, was reported as proposing prosecution for tax advisers…
DetailsThe World Cup in Brazil this Summer sets the stage for football’s newly emerging talent to come to worldwide prominence and multi national companies are eager for the new household names to endorse their products. Often sports people and even whole sports teams are being paid large sums by companies for the use of their faces and names in…
DetailsClick here to listen to Mark Davies’ Radio 5 Interview