In Pradipkumar Hindocha v HMRC [2017] TC05838, the taxpayer's ongoing illness provided a reasonable excuse for an inability to file a tax return on time.
SME Tax News
In D Lyth v HMRC [2017] TC05994 the First Tier Tribunal (FTT) held that failure to declare a capital gain on the taxpayer’s Return was careless rather than deliberate.
In Nahajec v Fowle [2017] EW Misc 11 (CC), an estranged child successfully claimed £30,000 from her father’s estate despite his letter of wishes explicitly disinheriting all of his children.
In Anne Christine Curtis Green v HMRC [2015] TC04519 the letting of five self-contained holiday units did not qualify for IHT Business Property relief: the business was mainly one of investment.
In Executors of The Estate Of Marjorie Ross (Deceased) v HMRC [2017] TC05959 the letting of eight holiday cottages did not qualify for IHT Business Property relief: it was mainly an investment activity.
HMRC has launched a help forum and webchat service: the 'Small Business Online Forum' is aimed at small business.
The OTS has published a short focus paper on the future of disincorporation relief. To-date, the relief has attracted just 50 claims.
HMRC have published two documents regarding its relationship with the taxpayer and how this is developing/will develop in future. 'Corporate Report: Our Strategy' contains a declaration of their values, three strategic objectives and eight key decisions. 'Your Charter Annual Report: April 2016 to March 2017' is the Charter Committee’s report on how HMRC has performed against the standards expected in its Customer Charter.
On 12 July 2017, the Criminal Finances Act 2017 Regulations were introduced to Parliament bringing into force the new offence of failure to prevent the facilitation of tax evasion from 30 September 2017.
The Ministry of Justice's Office of the Public Guardian (OPG) says that it will refund overcharged fees in respect of processing applications for Powers of Attorney.