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[3] [4] In October 2014, HMRC sent "accelerated payment notices" to people who had invested with Ingenious Media, demanding payment of substantial amounts of tax. [5] The tax bill following his investment in the scheme was cited in the subsequent bankruptcy hearings of the former Liverpool and Republic of Ireland footballer, Steve Staunton. [ 6 ]
Enquiries made by HMRC into elections made by members of a film partnership, in respect of the utilisation of losses made by that partnership, were valid where the enquiry was made into the partnership return rather than specifically into the claims made by the individuals. [6] Gordon v Campbell Riddell Breeze Paterson LLP [2017] UKSC 75: 15 ...
The settlement of the lawsuit defines legal requirements of the parties and is often put in force by an order of the court after a joint stipulation by the parties. In other situations (as where the claims have been satisfied by the payment of a certain sum of money), the plaintiff and defendant can simply file a notice that the case has been ...
The Tory chairman is facing questions over whether he was chancellor at the time he negotiated the settlement.
The Ingenious Group, which ran a film investment firm backed by entertainment industry figures including David Beckham, Sacha Baron Cohen and “Harry Potter” producer David Heyman, has won a £ ...
Attorneys for Disney and film-financing firm TSG Entertainment jointly filed a request for dismissal in Los Angeles Superior Court on Jan. 5, indicating that the dueling parties have agreed to end ...
The Share Incentive Plan (SIP) was first introduced in the UK in 2000. SIPs are a HMRC (His Majesty's Revenue & Customs) approved, tax efficient all employee plan, which provides companies with the flexibility to tailor the plan to meet their business needs. SIPs are becoming increasingly popular with companies that want to engage their ...
Higher rate and additional rate taxpayers must claim any additional tax refund through their tax return if they have one, or by otherwise contacting HMRC (being a higher rate taxpayer, being self-employed or having paid too much tax, are all triggers for being requested to complete a tax return). Employer contributions are usually allowable ...