In Kevin McCabe v HMRC [2019] TC7145, the First Tier Tribunal (FTT) held that HMRC was not required to disclose documents relating to a “mutual agreement procedure” with the Belgian tax authorities. They were not sufficiently relevant to establishing his tax residency position.
SME Tax News
HMRC has published the conclusions of their research into how best to communicate the introduction of a 30 day payment window for CGT on UK residential property from April 2020.
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It is midsummer and it is sunny. 'I know a bank where the wild thyme blows...' and I am looking forward to a bit of gardening later. In the meantime let's talk some tax.
HMRC have published a response to their consultation on the new Structures and Buildings allowance and in their final draft of the legislation and guidance have amended some of the original proposals.
In Paul Wheeler v HMRC [2019] TC07164 the FTT granted a costs award against an unrepresented taxpayer for unreasonable behaviour; to be enforced in the future when he has sufficient funds.
HMRC have released additional guidance explaining how taxpayers using employment related disguised remuneration schemes can pay their loan charge direct.
Recent experiences with the HMRC Stamp Office suggest that it is struggling to keep up with the current volume of transactions following recent changes to the SDLT filing and payment window.
In Talkative Limited v HMRC [2019] TC07172 the FTT dismissed an appeal against late filing penalties for an employment related securities return; ignorance of the law and reliance on an adviser were not reasonable excuses.