Taxing Matters

In this episode, our host and Senior Associate at RPC, Alexis Armitage, is joined by Simon Reed, Director and wealth manager at RBC Brewin Dolphin, and head of the Entertainment, Media & Sports client segment in London. Together, they delve into the unique financial challenges faced by clients in the creative industries, including actors, musicians, and digital creators.Join Alexis and Simon in this month's episode as they discuss:the complexities of managing unpredictable income streamsthe importance of early wealth planning for creativesworking collaboratively with tax lawyers and accountants on cross-border and residency issuesprotecting and monetising intellectual property (IP)emerging trends in long-term financial planning, including pensions, succession, and philanthropythe rise of new client types in the digital creator economy and their distinct advisory needs.Whether you advise creatives or are part of the entertainment sector yourself, this episode offers practical insights on how to navigate wealth management and maximise after-tax returns in a rapidly evolving industry.Our Tax, Investigations and Financial Crime team advise individuals and businesses on a range of complex tax matters. The team is ranked Band 1 in the Chambers High Net Worth Guide for Tax: Private Client. If you would like to discuss any of the matters raised in this episode, or find out more about our work for high net worth clients, please contact Adam Craggs or Alexis Armitage.  All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Notice from RBC Brewin Dolphin:RBC does not offer tax advice and this does not constitute tax or legal advice. Tax treatment depends on the individual circumstances of each client and may be subject to change in the future.The value of investments, and any income from them, can fall and you may get back less than you investedInformation is provided only as an example and is not a recommendation to pursue a particular strategy.  Hosted on Acast. See acast.com/privacy for more information.

From 1 September 2025, the new failure to prevent fraud offence will come into effect under the Economic Crime and Corporate Transparency Act 2023 (ECCTA). Statutory guidance from the Home Office sets out the framework that large organisations should implement by September 2025, to ensure they have in place reasonable fraud prevention procedures.In this three-part special of RPC's Taxing Matters podcast, RPC's Tom Jenkins, Of Counsel and Financial Crime specialist joins Alexis Armitage, RPC's Taxing Matters podcast host to discuss the new offence and its potential impact on businesses, and other developments relevant to the law of corporate criminal liability.In the final episode of the series, Alexis Armitage and Tom Jenkins discuss the future of corporate criminal liability, focusing on new and upcoming legal developments.In this episode, they discuss:developments regarding “failure to prevent” offences, including bribery, facilitation of tax evasion, and the forthcoming fraud offencethe potential impact of the proposed Crime and Policing Bill, which could significantly broaden corporate liability further, including in relation to non-financial crime offenceskey considerations for organisations in preparation for 1 September 2025, including compliance, training, and risk assessment.All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Hosted on Acast. See acast.com/privacy for more information.

From 1 September 2025, the new failure to prevent fraud offence will come into effect under the Economic Crime and Corporate Transparency Act 2023 (ECCTA). Statutory guidance from the Home Office sets out the framework that large organisations should implement by September 2025, to ensure they have in place reasonable fraud prevention procedures.In this three-part special of RPC's Taxing Matters podcast, RPC's Tom Jenkins, Of Counsel and Financial Crime specialist joins Alexis Armitage, RPC's Taxing Matters podcast host to discuss the new offence and its potential impact on businesses, and other developments relevant to the law of corporate criminal liability.In the second episode of our series, Alexis and Tom dive into the new failure to prevent fraud offence, which comes into force in September 2025 under the Economic Crime and Corporate Transparency Act, and discuss:details of the new offence and who it will apply towhich fraud offences are in scopean analysis of its effect on large organisations and smaller businessesjurisdictional scope, including risks for overseas companiesthe “reasonable procedures” defence and six key compliance principleswhat businesses should be doing now in readinessStay tuned for the final episode in our series as we look at what might be coming next in this fast-moving area of the law. All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Hosted on Acast. See acast.com/privacy for more information.

From 1 September 2025, the new failure to prevent fraud offence will come into effect under the Economic Crime and Corporate Transparency Act 2023 (ECCTA). Statutory guidance from the Home Office sets out the framework that large organisations should implement by September 2025, to ensure they have in place reasonable fraud prevention procedures.In this three-part special of RPC's Taxing Matters podcast, RPC's Tom Jenkins, Of Counsel and Financial Crime specialist joins Alexis Armitage, RPC's Taxing Matters podcast host to discuss the new offence and its potential impact on businesses, and other developments relevant to the law of corporate criminal liability.Part 1: A recap on corporate criminal liabilityIn part 1, Alexis and Tom look at how the law around corporate criminal liability is changing and discuss:the historic “identification doctrine” and its limitations for law enforcement bodies when seeking to prosecute companieskey criticisms of the old law and why reform was neededthe major changes introduced by the Economic Crime and Corporate Transparency Act, including the new legal test for attributing criminal liability to companieswhat counts as a “senior manager” under that new test and which offences are in scopesteps organisations should consider in response to this important change in the law.Coming soonStay tuned for our next episodes as we take a more in depth look at the new failure to prevent fraud offence, and consider the future of corporate criminal liability. Part 2: What is failure to prevent fraud? | Thursday 24 JulyPart 3: Looking ahead: further developments for corporate criminal liability | Thursday 31 JulyAll information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Hosted on Acast. See acast.com/privacy for more information.

In this episode, our host and Senior Associate at RPC, Alexis Armitage, is joined by colleagues Helen Kerr and Tom Wild from RPC's Professional Liability team to explore how professional negligence claims can arise during the lifecycle of a tax dispute.Together, they consider where advisers, particularly lawyers and accountants, face exposure to negligence claims, as they discuss:the typical lifecycle of a tax disputecommon scenarios where negligence may occurhow courts assess negligencethe role of insurers in professional negligence casespractical tips for advisers, lawyers, and insurers to prevent negligenceWhether you are a tax adviser or insurer, this episode offers insights into how tax advice can go wrong, and how to safeguard against it.If you would like to discuss any of the matters raised in this episode, please contact Adam Craggs or Alexis Armitage.All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Hosted on Acast. See acast.com/privacy for more information.

In this special Mental Health Awareness Week episode of Taxing Matters, host Alexis Armitage welcomes Jo Maughan, career coach and former tax director, to discuss how professionals can manage their critical inner voice and break down mental barriers in their mind.With many years of experience working in tax at BP and PwC, Jo understands the high-achieving, perfectionist mindset that tax professionals often develop. In this episode, Alexis and Jo explore:the unique challenges professionals face in tax and other high-pressure jobshow the critical inner voice is amplified by competitive work environmentspractical tools for quieting self-doubt, including the FOG method (Fact, Opinion, Guess)the importance of getting out of your head and into your body through mindfulness and movement.As discussed on the podcast, if you would like to sign-up for Jo’s mindful walks in London and Guildford this summer, you can do so here.If you would like to discuss any of the matters raised in this episode, please contact Adam Craggs or Alexis Armitage.All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Hosted on Acast. See acast.com/privacy for more information.

In this episode of Taxing Matters, Senior Associate and Taxing Matters host, Alexis Armitage is joined by Thomas Slipanczewski, who is an Associate Director at Deloitte in their tax controversy team, to discuss task risk for regulated professionals and professional businesses in regulated sectors.Facing a tax dispute or investigation can have a significant impact on an individual or business, and for those in regulated sectors such as lawyers, accountants and finance professionals, the associated reputational risks are often heightened. In this episode, Alexis and Thomas discuss:risks that regulated professionals and professional businesses should be aware of when they have a tax dispute or investigation;HMRC's perception of this taxpayer group and its implications; and'top tips' for professional taxpayers facing a dispute or investigation.If you would like to discuss any of the matters raised in this episode, please contact Adam Craggs and Alexis Armitage.All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Hosted on Acast. See acast.com/privacy for more information.

In our latest episode of RPC's Taxing Matters, podcast host and Senior Associate, Alexis Armitage, is joined by Mark Bevington managing principal and founder of ADE Tax.  With over 30 years' experience working in tax, Mark is a highly experienced strategic tax advisor, who has advised on numerous significant and complex transactions, disputes, negotiation support, policy and planning matters. In this episode, Alexis and Mark explore the human side of tax disputes and discuss: the human elements of tax disputes and their potential impactsthe difference between commercial disputes and tax disputeshow complexities caused by the human side of tax disputes can be navigatedthe potential emotional impacts of tax disputes on individualshow mediation and ADR can help humanise the processadvice and 'top tips' for tax professionals and taxpayers on handling the human side of disputes.If you would like to discuss any of the matters raised in this episode, please contact Adam Craggs and Alexis Armitage.All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Hosted on Acast. See acast.com/privacy for more information.

This month, RPC Senior Associate and Taxing Matters host, Alexis Armitage, is joined by Ele Theochari, Partner at Blick Rothenberg for a special episode to celebrate International Women's Day.Ele is an R&D specialist who was promoted to Partner at just 29. Ele is passionate about helping companies to access R&D tax incentives and seeing the positive impact that R&D tax credits can have on a business. In this episode Alexis interviews Ele about:how she started her career in taxher journey to Partner and the challenges she's facedadvice that previous mentors have given herrole models she's looked up to throughout her careerthe charitable work she does alongside her day-to-day role.top tips for those starting their careers in tax.If you would like to discuss any of the matters raised in this episode, please contact Adam Craggs and Alexis Armitage.All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Hosted on Acast. See acast.com/privacy for more information.

At the end of January, Mike Ashley won his high-profile and landmark data protection case against HMRC, with the High Court concluding that HMRC wrongly withheld his personal information for over two years. In this month's episode of Taxing Matters, our host and Senior Associate, Alexis Armitage is joined by Megan Grew, Associate at RPC and part of Mike Ashley's legal team, to discuss the legal aspects of the case that led to a landmark data protection victory against HMRC for Mike Ashley in the High Court.In this episode, they discuss:the background to the case and how it got to the High CourtMike Ashley's arguments v HMRC's argumentsthe court's judgment in the case, including in respect of costspractical implications of the win, and what this could mean for other individuals dealing with HMRCkey takeaways from the judgment for HMRC and other government bodies.All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. This episode discusses publicly available information only and does not disclose or imply any privileged or confidential details. RPC will not be providing further comments or media interviews on this matter.  Hosted on Acast. See acast.com/privacy for more information.

In the latest episode of Taxing Matters, our host, Alexis Armitage is joined by Daisy Darrell, a Senior Associate in Birkett's Agricultural and Estates team to discuss all things natural capital. Natural capital is the planet's natural wealth and the idea that the world has a stock of natural assets which provide ecosystem services like clean air, fertile soil and pollination of crops. Join Alexis and Daisy as they explore:opportunities that natural capital can create for landownersexamples of recent environmental enhancement and restoration projectsthe environmental benefits of such projectstax considerations for farmers and landownerspotential impacts of ESG on natural capital markets We hope you enjoy the episode. Please subscribe on Apple Podcasts or Spotify to keep up with future episodes.If you would like to discuss any of the matters raised in this episode, please contact Adam Craggs and Alexis Armitage. All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Opinions expressed by the speakers are their own and do not necessarily represent the views or opinions of RPC. Hosted on Acast. See acast.com/privacy for more information.

In our special Christmas episode, Alexis Armitage, RPC's Taxing Matters podcast host and Senior Associate in our Tax Disputes and Investigations team, is joined by Andrew Hubbard, editor-in-chief of Tolley's Taxation Magazine. From candles to beards, join them as they discuss the most bizarre taxes that have existed throughout British history.All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Opinions expressed by the speakers are their own and do not necessarily represent the views or opinions of RPC. Hosted on Acast. See acast.com/privacy for more information.

In this month's episode of Taxing Matters, Alexis Armitage is joined by HMRC's Alternative Dispute Resolution (ADR) lead, Fiona McRobert, to discuss HMRC's approach to the ADR process, and how tax disputes may be resolved outside the Tax Tribunals and the court system. During this episode they discuss:how the ADR process differs from formal litigation or an internal HMRC reviewthe types of cases considered suitable for ADR (and those not suitable)the role of the mediator potential outcomes of the ADR processtimelines and practicalities involved in the ADR processthe pros and cons of ADRADR success ratestop tips.All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Opinions expressed by the speakers are their own and do not necessarily represent the views or opinions of RPC. Hosted on Acast. See acast.com/privacy for more information.

In this episode, Alexis Armitage, RPC's Taxing Matters podcast host and Senior Associate in our Tax Disputes and Investigations team, is joined by colleague and fellow Senior Associate, Jasprit Singh. Join them as they gaze into their crystal ball and predict what could be on the horizon for taxpayers under the new Labour government.  This episode covers:Labour's upcoming autumn budgetHMRC's next potential targets and what they may focus on in the coming monthsthe potential role of AI in HMRC's plansAll information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Opinions expressed by the speakers are their own and do not necessarily represent the views or opinions of RPC. Hosted on Acast. See acast.com/privacy for more information.

In this episode, Alexis Armitage, RPC's Taxing Matters host and Senior Associate in our Tax Disputes and Investigations team, is joined by colleague and Partner, Michelle Sloane, to discuss the latest issues surrounding the taxation of agents' fees in the football industry.This episode covers:the financial relationship between players, their clubs and their agentsHMRC's position on the tax splitwhat clubs can do to evidence that the split reflects the commercial reality of the arrangement the high risk areas most likely to be investigated by HMRC.All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Opinions expressed by the speakers are their own and do not necessarily represent the views or opinions of RPC. Hosted on Acast. See acast.com/privacy for more information.

In this episode, Alexis Armitage, RPC's Taxing Matters host and Senior Associate in our Tax Disputes team, is joined by Simon Howley and Amanda Perrotton from Bell Howley Perrotton LLP. They discuss HMRC's Spotlight 63, which focuses on property business arrangements involving hybrid partnerships, which have recently come to the attention of HMRC.In this episode, we discuss:Spotlight 63 and HMRC's view of property business arrangements involving hybrid partnerships and why HMRC consider such arrangements to be fiscally ineffectivethe individuals and companies for whom Spotlight 63 might be relevantwhat the consequences might be for those who have participated in the type of property business arrangements referred to in Spotlight 63. Hosted on Acast. See acast.com/privacy for more information.

In this month's episode, Alexis Armitage, RPC's Taxing Matters host and Senior Associate in our Tax Disputes team, is joined by Paul Monaghan, Chief Executive and co-founder of the Fair Tax Foundation to discuss the growing interest in tax from an ESG perspective, and the work of the Fair Tax Foundation.In this special episode for Fair Tax Week, Alexis and Paul discuss:the Fair Tax Foundation and its aimstax transparency and good governancehow organisations can become Fair Tax Mark accreditedthe requirements for accreditationkey performance indicators.If you would like to discuss any of the matters raised in this episode, please contact Adam Craggs and Alexis Armitage.All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Opinions expressed by the speakers are their own and do not necessarily represent the views or opinions of RPC. Hosted on Acast. See acast.com/privacy for more information.

In this episode, Alexis Armitage, RPC's Taxing Matters host and Senior Associate in our Tax Disputes team, is joined by Chartered Tax Adviser, Matt Hall from Armadillo to discuss the latest on what is often referred to as the "loan charge scandal".This episode considers the loan charge controversy, including:The background to the introduction of the charge.Those primarily impacted by the charge.Why it remains relevant today for so many taxpayers.What can be done to resolve the loan charge saga once and for all.If you would like to discuss any of the matters raised in this episode, please contact Adam Craggs and Alexis Armitage.All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Opinions expressed by the speakers are their own and do not necessarily represent the views or opinions of RPC. Hosted on Acast. See acast.com/privacy for more information.

In this episode, Alexis Armitage, RPC's Taxing Matters host and Senior Associate in our Tax Disputes team, is joined by Philip Simpson KC and Ben Symons from Old Square Tax Chambers to discuss the Government's Spring Budget and, in particular, the proposed changes that will affect non-UK domiciled individuals.This episode covers the major changes to the UK's non-domicile regime proposed by the Government, including:The shift from domiciled-based taxation of individuals to the new residence basis for taxation of individuals.Transitional reliefs for current non-domiciled individuals.The inheritance tax implications of switching from a domicile basis to a residence basis. If you would like to discuss any of the matters raised in this episode, please contact Adam Craggs and Alexis Armitage.All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Opinions expressed by the speakers are their own and do not necessarily represent the views or opinions of RPC. Hosted on Acast. See acast.com/privacy for more information.

To celebrate International Women's Day 2024, we have produced a special episode of RPC's Taxing Matters podcast in which we discuss this year's campaign theme #InspireInclusion and what it means to each of our guest speakers. RPC's Taxing Matters host and Senior Associate in RPC's Tax Disputes team, Alexis Armitage is joined by three inspirational female leaders working in tax: Tasneem Kadiri, Tax Director for UK & Ireland at L’Oréal. Dipti Thakrar, M&A Tax Practice Lead at Hitachi Energy. Ashling Donnelly, Head of Tax at Trainline. Hosted on Acast. See acast.com/privacy for more information.