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| CURRENT SECTION :: Section 660 / S660 | UK's most visited IT Contractor Site - 250k unique visitors March 2008 |
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Taxman stalks business consultants Accountants warn business consultants to get off the Revenue radar. May 24, 2005 Tax defeat for Arctic rallies small business Advisors trounce High Court claim that Arctic ruling comes without consequences for family firms. Apr 29, 2005 Tax blow for family businesses Arctic Systems have lost their S660A appeal. Apr 27, 2005 Detailed analysis on the Arctic S660 appeal Top tax consultant, Nichola Ross Martin, reports on the recent S660 Arctic Systems Appeal: Geoffrey Peter Jones v Michael Vincent Garnett. Apr 1, 2005 Arctic Systems S660 High Court hearing begins today Today sees the start of a landmark case which could have significant implications for hundreds of thousands of husband and wife businesses. Mar 16, 2005 Leading tax lawyer supports Arctic S660 High Court appeal Tax barrister to support appeal in a bid to see that the tax system is "operated in a way that is right in law, and fair and workable in practice." Mar 3, 2005 Arctic Systems appeal set for March The High Court appeal of the Arctic Systems case will start on 15 March 2005 and will last three days. Dec 14, 2004 S660A hides in the detail for small business The Pre-Budget Report has been welcomed as a move towards a simpler tax system. But could the single tax return be a cloak for some later 'nasty bit of stealth' for contractors? Dec 3, 2004 Clearing the fog: what does S660A guidance mean for contractors? Egos reveals "minefield" of dividend payment for all those family firms still reading their S660A guidance. Nov 26, 2004 Tax anger sparked over damning S660A rules Revenue guidance slammed as “Orwellian” as experts react to tax assault. Nov 23, 2004 Revenue spells out tax trap to enterprise The Inland Revenue has published new 'guidance' on the taxation of family firms, informing husband and wife companies not to reduce their tax bill by taking a dividend payment. Nov 19, 2004 PCG to appeal Arctic in wake of new Revenue guide The Professional Contractors Group (PCG) has expressed its frustration with the Inland Revenue’s new "Guide to the Settlements Legislation for Small Business Advisers". Nov 19, 2004 Arctic Systems S660A ruling 'must be challenged' Growing body of experts say landmark ruling was 'invalid' as Revenue dismiss Artic case as of insignificant interest. Nov 5, 2004 Revenue pledge to simplify tax rule for family firms S660A Group convinces taxman to clear up concern and uncertainty for family business. Oct 11, 2004 Accountants attack Revenue for hitting family firms S660A Group starts up to condemn “uncertain” tax laws for husband and wife companies. Oct 7, 2004 Family firms still urged to share business profits A small business website run by the government is advising taxpayers to structure their finances in a way that defies the Revenue’s ruling on husband and wife firm, Arctic systems. Oct 5, 2004 Arctic S660A judgment: further analysis Further analysis on Revenue's win by tax advisers Anne Redston of Ernst & Young and Dave Smith of Accountax. Oct 1, 2004 What does the S660 case loss mean to contractors? How much will it cost me, does it apply to me, and will I be caught? Sep 30, 2004 Widespread attack on small family companies 'could be imminent' "This decision could be used to attack thousands of other small businesses structured in a similar manner" says accountants, Wilkins Kennedy. Sep 30, 2004 Setback for family businesses as Artic Systems loses S660A case Geoff and Diana Jones of Arctic Systems have lost their landmark Section 660A case, which was heard by the Special Commissioners of Income Tax in June. Sep 29, 2004 
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