Hedgehog

Santa's Naughty List on Spear's Christmas Card 2012

Wednesday, 12th December 2012

Spear's knows exactly who's been naughty and who's been nice, and while we've rewarded the nice with mince pies, festive jumpers and kisses under the mistletoe, the naughty have been named and shamed on our Christmas card by our cover artist, Adam Dant.

Naming and shaming, of course, is the government's favourite tactic when it comes to those (legally) avoiding tax, so HMRC and George Osborne are on there, but because we're equal-opportunities offenders, we've put some corporation-tax avoiders on too.

Some of our least favourite politicians have made the list: Louise Mensch, for running away; Nick Clegg, for not running away; Mitt Romney, for running for president; and Sally Bercow, for running her mouth.

Merry Christmas!



     
Now check out Spear's 2012 advent calendar

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Q

In this new anti-tax-avoidance era, when so many tax reliefs have been withdrawn, I've heard that investing in a Business Property Renovation Allowance scheme is one of the few remaining good opportunities for maxing your tax position. Is it true that you can get up to 100 per cent tax relief on the amount invested? And what exactly are these schemes? How do they work? What are the upsides? Downsides?

A

In this climate, it is a relief to see one potentially attractive tax allowance come through unscathed from recent criticism

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