Semin Kaycin

Dec 4, 2024 | russell-cooke.co.uk | Suzanne Mynors |Semin Kaycin |Fiona Read |Kate Hamilton

The latest statistics reveal a notable increase in trust and estate registrations during 2023-24 but a decline in overall tax contributions.

Feb 13, 2024 | russell-cooke.co.uk | Semin Kaycin

Associate Semin Kaycin has written an article in the Solicitor's Journal exploring the implications of the Finance Bill 2024 focusing on HMRC's expanding powers in tackling tax avoidance schemes. The article delves into the proposed amendments, including the creation of a new criminal offence for promoters of tax avoidance schemes and the empowerment of HMRC to initiate director disqualification proceedings, shedding light on the potential impact on tax enforcement strategies.

Jan 2, 2024 | solicitorsjournal.com | Semin Kaycin

Published for consultation on 29 November 2023, the Finance Bill 2024 proposes to create a new strict liability criminal offence for promotors of tax avoidance schemes (POTAS) who fail to comply with certain stop notice obligations issued by His Majesty’s Revenue and Custom’s (HMRC). The proposed bill also makes various suggestions including allowing HMRC to commence director disqualification proceedings.