We all know the benefits which networking and creating a supportive space in which to learn and ask questions can bring to our individual practices. Today we want to highlight one of the award-winning networks which is helping to develop networking opportunities within tax together with the benefits it can bring as highlighted by two of its amazing committee members.   In this episode of Taxing Matters, we discuss the Women in Tax network and the benefits it can bring for all professionals. We are joined by its Chair Tasneem Kadiri and Events Committee Member, Alexis Armitage. In additio ..read more

Whilst different tax systems try to reach similar outcomes, they often achieve that via different routes and by applying different methodologies, but what do you need to bear in mind when considering UK and US cross-border matters?   In this episode of Taxing Matters, we are joined by Alex Jones and Graeme Privett, who share their insights and views on how the US and UK are less similar than people might think and how this could lead well-meaning taxpayers into avoidable difficulties. Alex and Graeme are both Partner's at Rawlinson & Hunter. Alex has 30 years experience in US an ..read more

Taking the witness stand can be challenging and nerve-wracking; more persuasive evidence is likely to be given when a witness has properly prepared for the occasion.   In this episode of Taxing Matters, we demystify witness familiarisation and what is permitted by the tax tribunals and the courts with Dr Penny Cooper. Dr Penny Cooper is a barrister who provides a specialist witness familiarisation and preparation service. Hosted on Acast. See acast.com/privacy for more information ..read more

In this episode of Taxing Matters, we discuss the role of R&D tax relief, how to qualify for the relief, how to stay compliant, some common abuses of the system and some of the recently proposed reforms.   We are joined by Sarah Scala, Head of Tax Dispute Resolution, and Caroline Walton, Head of Innovation Relief, at Claritas Tax.  Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information ..read more

What should you do if your crypto is stolen?   If you've invested in cryptocurrency your investment can be an increasing target for fraud, and it can be difficult to recover funds when this happens.   In this episode of Taxing Matters, we discuss practical steps to take if your crypto has been stolen, recent crypto fraud case studies, search and seizure orders and enforcement for crypto assets with Chris Whitehouse. Chris Whitehouse is a senior associate at RPC who advises on crypto-related disputes.   Show references CFAAR's Group  The legal landscape of crypto fraud Blo ..read more

Have you ever wondered what happens behind the scenes of an investigation?  In this episode of Taxing Matters, we discuss the role of the investigator in asset tracing, how they support clients and add value, and some common misconceptions about the traditional image of investigators, with Phoebe Waters.   Phoebe is an asset tracing specialist and Chair of the Female Fraud Forum. She is also a champion of women in the industry. Winner of Management Today’s 35 Women under 35 2021.     References ·             ..read more

The tax gap refers to the difference between the amount of tax that should, in theory, be paid to HMRC, and what is actually paid. To help narrow this gap, HMRC has been granted a number of powers over the years, including those aimed at tackling tax avoidance. The Finance Act 2022 provided HMRC with additional powers to enable it to proactively clamp down on promoters of tax avoidance schemes, challenge misleading information and 'name and shame' connected individuals. In this episode we ask Danielle Ford, Head of Tax Disputes & Resolutions at haysmacintyre, how HMRC will use thes ..read more

In March 2022, the Economic Crime Transparency and Enforcement Act came into force after it was fast-tracked through Parliament in response to urgent calls for the UK's economic crime laws to be tightened.  The new legislation introduces further sanctions powers and aims to tackle financial crime by revealing the identities of overseas beneficial owners of UK property. We asked Tom Godfrey whether this important piece of legalisation is likely to be effective and achieve its aim?   Tom, a barrister at 23ES, is a recognised leader in the field of corporate crime and has been instruc ..read more

In previous episodes we have discussed the myriad of ways HMRC collects information on individuals and businesses. Whether through international agreements, information provided on a voluntary basis, as a consequence of a legal duty to report, or through its information gathering powers, the Revenue holds an abundance of information relating to taxpayers.  In this episode, we discuss the important question of what exactly can HMRC do with your information? Keziah Mastin joins us to help shed light on this important issue and explain the powers HMRC has when dealing with taxpayer informa ..read more

In a much-anticipated podcast we revisit the multi-billion tax trading scandal known as Cum-Ex, and  consider recent developments and discuss why this rapidly expanding cross-border tax fraud remains of interest 5 years after it was first exposed. With so many twists and turns since Bloomberg journalist Donal Griffin first covered the Cum-Ex fraud on Taxing Matters episode 12 back in December 2020, we are delighted to be joined by barrister David Stern, to discuss recent developments. David is Joint Head of the Regulation and Business Crime Practice Group at 5 St Andrews Hill Chambers ..read more