am aware that I said I wanted a day off yesterday, but I watched slow television on BBC4 last night and added a pile of entries to the glossary, all of which had already been uploaded in draft but most of which had some degree of polish added to them before publication.<\/p>\n
Few are going to cause much excitement, but they are the sort of basic entries required if many of the more complicated issues are to be properly understood. I was working in no particular order as is apparent from this list:<\/p>\n
Tangible assets<\/p>\n
Statement of affairs<\/p>\n
Private company<\/p>\n
Prepayment<\/p>\n
Private legal entity<\/p>\n
Payroll taxes<\/p>\n
Payables<\/p>\n
PAYE<\/p>\n
Tax system<\/p>\n
Poll tax<\/p>\n
Predicate offence<\/p>\n
NIC<\/p>\n
Protected cell company<\/p>\n
Partnership<\/p>\n
Provision<\/p>\n
Nominee company<\/p>\n
Residence<\/p>\n
Redomiciliation<\/p>\n
Tax spend<\/p>\n
Politically exposed person<\/p>\n
Parent company<\/p>\n
Nowhere<\/p>\n
Tracing of assets<\/p>\n
Nominee directors<\/p>\n
Cell company<\/p>\n
Capital gain<\/p>\n
Multinational corporations<\/p>\n
Capital flight<\/p>\n
Articles of association<\/p>\n
Charitable trust<\/p>\n
Accountant<\/p>\n
Central bank<\/p>\n
Non-resident<\/p>\n
Preferential tax treatment<\/p>\n
Accounting data<\/p>\n
Annuity<\/p>\n
Aggressive tax avoidance<\/p>\n
Contingent liability<\/p>\n
Bank of England<\/p>\n
Bilateral information exchange<\/p>\n
Memorandum of association<\/p>\n
Stock and work in progress<\/p>\n
LLP<\/p>\n
Monetary policy committee<\/p>\n
Inversion<\/p>\n
Money laundering<\/p>\n
Nominee owner<\/p>\n
Natural person<\/p>\n
That is 48 new entries bringing the total to well over 100 now.<\/p>\n
There are still more than 100 uploaded and in draft at present and about 150 written but not uploaded as yet and at least as many to write. Many of these are more complex though, but by no means all.<\/p>\n
And I will be editing all those on which I have asked for comment so far in the light of comments received, all of which I appreciate.<\/p>\n
If you want to suggest edits please copy and paste the entry into Word and then edit using track changes and send that to me using glossary@taxresearch.org.uk .<\/p>\n
I hope this exercise is of use, but I am enjoying doing it anyway.<\/p>\n","protected":false},"excerpt":{"rendered":"