TV Personality Paid Through Company Overturns £900,000 Income Tax Bill

Media personalities frequently offer their services through corporate vehicles and the tax implications of them doing so have long been controversial. However, in one case, a TV entertainer’s company succeeded in overturning a six-figure Income Tax demand after persuading the First-tier Tribunal (FTT) that she is in business on her own account. The entertainer established[…]

Non-Domestic Rates – Court of Appeal Refuses to Pierce the Corporate Veil

The corporate veil remains a powerful barrier and judges will only countenance piercing it in exceptional circumstances. The Court of Appeal made that point in ruling that liabilities to non-domestic rates (NDRs) were successfully avoided by granting leases to single purpose corporate vehicles (SPVs). Property companies in two local authority areas had granted leases of[…]