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Trevor Johnson

ARTICLES

TREVOR JOHNSON relates how a share buy-back went wrong, but all was not lost.

IN TAXATION OF 25 July 2002, Martin Dawson wrote about share buy-backs and drew attention to the company law requirements which have to be satisfied in order for them to be lawful. Murphy's Law says if it can go wrong, it will go wrong and, if the tax rules are not satisfied, the chances are that the company law requirements are not satisfied either. However, there may be times when Murphy comes to the rescue.

The villa owned by the chairman of a company caused potential problems. TREVOR JOHNSON explains how they were overcome.

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Automated tracking system for taxpayers could save £36m a year, study shows Welsh income tax rates are unchanged Business expenditure on R&D rises in 2023 HMRC targets landlords who may have undeclared rents Lump sums cannot be returned to pension scheme

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Deadline dates for January 2025

CASES

No extenuating circumstances to extend deadline Delay in issuing penalties was no excuse for late return Sales of occupation income avoidance rules apply Whole of settlement was not subject to tax Payments were taxable as earnings

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