
A visit to The Railway Children Charity
Simplify's Client Director, Vicky Moran, takes a short break from
cycling to stop off with the team and meet staff at The Railway
Children.
All the money raised from the generous donations given by Simplify's Contractors, Agencies and Suppliers will go direct to The Railway Children, a charity which helps vulnerable children, particularly street children, all over the world.
More information about the fantastic work the charity does can be found on their website at www.railwaychildren.org.uk or you can make a donation via Vicky's fund raising page
www.justgiving.co.uk/simplifybusiness
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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