In Errol Almond v HMRC [2017] TC05889 concerned discovery assessments covering 13 years and associated penalties for failure to notify. The assessments were reduced to 5 years and the penalties were discounted once the tribunal had reviewed the evidence, although full abatement was not given.
SME Tax News
Hello,
This week we are returning to one of my favourite topics: penalties and appeals. If you have looked at the FTT's decisions recently you will note that we are drowning in tax penalty cases.
The Welsh Land Transaction Tax (LTT) received Royal Assent on 24 May 2017.
In New Way Cleaning Ltd v HMRC [2017] UKFTT TC5769 the First-Tier Tribunal (FTT) considered what statutory documentation is reasonably required under a Schedule 36 Notice relating to PAYE.
In Anthony and Tracy Lee Hancock v HMRC [2017] EWCA Civ 198 the Court of Appeal found that the conversion of QCBs and a non-QCBs into a single new QCB should be treated as two separate conversions: tax was due on redemption.
in Mrs R Rendall v HMRC [2013] TC6011 the FTT decided to quash £3,200 of late partnership filing penalties. HMRC had all the correct information and had given incorrect advice on filing: giving a penalty in such circumstances was clearly not the intention of the law.
The Ministry of Justice is beta testing a new online tax appeals service and it is looking for taxpayers and representatives to test it.
HMRC have published new advisory fuel rates for company car drivers which will apply from 1 June 2017.