In Mohammed Abdul Malik v HMRC [2019] TC07198 the FTT upheld a personal liability notice for VAT penalties issued to a company employee; he was a manager therefore an officer of the company.
SME Tax News
Missed our SME Tax Web-updates in June? Here is a summary of the month.
Hello,
We thought that it was looking quiet on the news front this week, however, there are one or two really useful things, so do read on.
HM Treasury has published its policy conclusions on proposals for a ‘Breathing space scheme’ for individuals suffering from problem debt together with proposals for a statutory debt repayment plan.
In Online Tax Rebate Ltd v HMRC [2019] UKUT 0167 the Upper Tribunal held that a company obtaining tax rebates for employees was a tax adviser under the Money Laundering Regulations; it should have undertaken customer identity checks.
HMRC have published statistics on the use of tax-advantaged employee share schemes, such as Enterprise Management Incentives (EMI) for the 2017/18 tax year.
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.
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.