In Ian Daisley v National Crime Agency [2018] TC 6851, it was held that discovery assessments made by the National Crime Agency (NCA) were validly made. There were no grounds to displace the assessments.
SME Tax News
In Gareth Clark [2018] UKUT 0397, the Upper Tribunal (UT) held that a transfer from a pension scheme came within the scope of an unauthorised payment. Some other procedural matters were addressed.
HMRC's latest Trusts and Estates newsletter contains some useful information. Here is our enhanced version.
The House of Lords' Economic Affairs Committee has issued its report “The Powers of HMRC: Treating taxpayers fairly” dealing with HMRC powers and taxpayer safeguards.
HMRC have issued the Agent Update for December 2018/January 2019. We have summarised the key content for you with links to our detailed guidance on the topics covered. We have kept to HMRC's order of contents, it is not quite all 'SME', but there are some interesting items.
After several recent tribunal cases on the subject HMRC have amended its guidance about whether a director has to file a tax return.
In Leverton Search Ltd v HMRC [2018] TC06786 a company successfully appealed late filing penalties: no employment intermediaries returns were actually due as the company was not a 'specified employment intermediary'.
Hello
What a week, in politics not tax. I was not going to mention the 'B' word though, as enough is enough.