In Gary John Robb v National Crime Agency [2016] TC 05374 the First Tier Tribunal (FTT) upheld tax and penalty assessments made by the Serious Organised Crime Agency (SOCA) in targeting a known criminal.
SME Tax News
In Oasis Church Trust v HMRC [2016] TC 05360 agent registration delays and attempts to file paper returns instead failed to provide a reasonable excuse and penalties were charged for late filing of employer annual returns.
HMRC: Tax refund received. If you get one of the following emails, it's not from HMRC. Don't click on the links, you are not really getting a refund.
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This time we have a really useful guide on issuing shares and what happens when you get it wrong.
A group of landlords have lost their High Court attempt to force a judicial review of legislation to reduce tax relief on buy-to-let interest payments from April 2017.
The Chartered Institute of Taxation (CIOT) have written an open letter to Phillip Hammond asking him to reform the way tax policy is made in the UK.
HMRC have launched a consultation ‘Penalty for participating in VAT fraud’. This proposes a new penalty for those that knew or should have known their transactions were connected with fraud.
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This time we have one of our regular SME tax update specials. We also have some very interesting developments in devolving taxes and of course, there is much more if you read on.