WARR & CO ACCOUNTANCY BLOG
e4 e5 2. Nf3 Nc6 3. Bb5 a6 4. Ba4 Nf6 The opening moves of a game of chess form the title of this blog. Anyone who plays chess regularly will immediately recognise these particular moves as the first 4 moves of the Ruy Lopez opening. This opening will have been played many times this year by those who play chess be they school children just learning chess or grandmasters. There are however about 319 billion possible ways to play the first four moves of a game of chess. Most have never and will never be played. It is a widely held view that there are more possible 40 move games of chess than there are electrons in the universe.
Over many millions of years the rotation of the moon has been slowed down so that only one hemisphere is ever visible from the Earth the invisible hemisphere is known as the Dark Side. If you’re a contractor you may be approached by companies promoting tax planning solutions which will make you just as invisible to HMRC as the Dark Side of the Moon is to the Earth.
Tax avoidance schemes have been around for many years, but until about 20 years ago these were used by rich individuals and large companies to shelter very large sums (typically £1m +) from the taxman. They were usually designed by the very large firms of accountants with the help of senior counsel and high fees were charged to participants, often over £100k.