SME Tax News

In Glyne T Harris as personal representative of Helena Norma McDonald (deceased) v HMRC [2018] TC06448 a personal representative was held liable for the estate IHT; assets were transferred to a beneficiary who had returned overseas without settling the tax as promised.

In Krishna Moorthy v HMRC [2018] EWCA Civ 847, the Court of Appeal allowed the taxpayer relief from tax to the extent that the redundancy package covered injury to feelings.

Wendy ‘Amelia’ Poole made history last Sunday by becoming the first woman in Europe (and maybe the world) to take a ride on an autonomous motorcycle.

ATED return failure: if you submitted Annual Tax on Enveloped Dwellings (ATED) return on 11 April your return may be lost.

In Goode Cuisine Company Limited v HMRC [2018] TC06416 the FTT considered whether relief from the SDLT higher rate charge could apply when a pub purchased a dwelling for use in its trade. It decided not, as the plan was to convert the building into a commercial property which would then exclude it from relief as it would cease to be a dwelling.

HMRC have issued the Agent Update for April/May 2018. We have summarised the key content for you with links to our detailed guidance on the topics covered.

In Aria Technology Ltd v HMRC and Situation Publishing Ltd as a third party [2018] UKUT 0111 it was decided that a copies of tax appeal notice and the respondents response could be made available by the tribunal to a third party under the principle of open justice.