Millions of pounds of artwork, including pieces by Picasso and Barbara
Hepworth, have been accepted by HM Revenue & Customs as payment in lieu of
Totalling £25.2m it is the largest purchase of artwork for the nation – more
than other methods combined.
Pieces purchased include two wooden sculptures by Barbara Hepworth, a print
of The Weeping Woman by Picasso, and a Stradivarius violin.
Last year Lord Bath, the eccentric head of the Longleat estate, wiped out a
£5.4m tax bill by selling eight paintings to the government. The works remain on
display for the public to enjoy.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy