Today the case of a small husband and wife owned company ‘Arctic Systems’ was finally over.
After many years battling against the HMRC attack Geoff and Diana Jones of Arctic Systems Ltd can finally move on, but at what cost?
For the last four years, not only accountants and tax advisors, but also many other small husband and wife owned limited company’s will have been watching this case with a vested interest in its outcome.
So what now I hear you ask, well what indeed, I guess we will have to wait and see what HMRC and/or the Chancellor do next in the next budget?
For the full judgment please click here.