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Unintentional participation in VAT scams? The dangers of the ‘need to have understood’ test.

Unintentional participation in VAT scams? The dangers of the ‘need to have understood’ test.

by Martin Craighan | Mar 5, 2026 | Digital Tax, GOV.Uk, HMRC, Latest Tax News, Role of Manchester Accountants, Tax News, Tax Tips, VAT

Reviews how the involvement in VAT fraudulence, lately combined in Contracting Solutions, can place even honest traders in jeopardy of suffering severe economic effects. Under English law, one does not normally come to be an individual in a scam without acting...
Unintended complication in VAT scams: The risks of being deemed ‘willfully blind’

Unintended complication in VAT scams: The risks of being deemed ‘willfully blind’

by Martin Craighan | Jan 2, 2026 | Accounting, GOV.Uk, HMRC, Role of Manchester Accountants, Salford Accountants, Tax News, Tax Tips, VAT

The decreased threshold for VAT fraudulence involvement, as evident in the current instance of Impact Contracting Solutions, postures a considerable hazard to genuine businesses, possibly exposing them to considerable punitive damages even if they operate with...
Much more trading, less investment!

Much more trading, less investment!

by Martin Craighan | Jan 2, 2026 | Accounting, GOV.Uk, HMRC, IHT, Latest Tax News, Property Tax, Role of Manchester Accountants, Salford Accountants, Tax News, Tax Tips

We will take a look at the eligibility of providing holiday home lets that allows for business property tax relief under estate tax guidelines. Business property relief (BPR) is a beneficial inheritance tax (IHT) tax relief for company owners, which is available where...
Hand them over!

Hand them over!

by Martin Craighan | Jan 2, 2026 | Accounting, Financial, GOV.Uk, HMRC, Latest Tax News, Salford Accountants, Self-assessment, Tax News, Tax Tips, VAT

This synopsis reviews the kind of information and documents a taxpayer is required to turn over if HMRC sends them an information notice request. Taxpayers generally choose to avoid correspondence with HM Revenue and Customs (HMRC); nevertheless, it is rarely good...

Recent Posts

  • Unintentional participation in VAT scams? The dangers of the ‘need to have understood’ test.
  • Unintended complication in VAT scams: The risks of being deemed ‘willfully blind’
  • Much more trading, less investment!
  • Hand them over!
  • Directors loan accounts: Pass it on?

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