ThomsonReuters
FEBRUARY 6, 2024
Sometimes called a ‘sin tax’, they are applied to hazardous chemicals , alcohol, cigarettes, sugary drinks , and gambling. Direct taxes Levied on people and entities Are typically proportionate to the taxpayer’s income or assets Considered a progressive tax.
Menzies
DECEMBER 6, 2023
Menzies LLP - A leading chartered accountancy firm. For example, legal invoices might show intellectual property assets, that could’ve been leveraged using Patent Box Relief to reduce the client’s corporation tax liability. In other cases, the audit team might realise that they have missed a financial opportunity.
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