
Vicky gets on her bike for Railway Children
Simplify Business' Client Director, Vicky Moran will be getting on her
bike as she tries to raise £1,000 for the charity Railway Children.
On 31st May, Vicky will be joining in a stage of a Land's End to John O'Groats bike ride. All the money that she raises will go directly to the charity Railway Children which helps vulnerable children, especially those living on the streets.
Help her to reach her target by donating at
www.justgiving.co.uk/simplifybusiness and find out more about the fantastic work the charity does at
www.railwaychildren.org.uk
Other News
Retrospective tax nightmare for Contractors using Offshore TrustsA recent High Court ruling, Huiton v HMRC [2010], could spell financial ruin for those who have used Offshore Trusts in the past.
An Offshore Trust is an arrangement where a Contractor becomes a trustee of an Offshore Company, and gains the income they are due in the form of a trust, typically based in the Isle of Man and takes advantage of the Double Taxation Agreement between the UK and IOM so that income tax is not due on the trust in the UK.
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