SME Tax News

In the Official Receiver V Camila Batmanghelidjh & others [2020] EWHC 2839 (Ch), the Official Receiver (OR) has been barred from making certain allegations of impropriety against the board of the Kids Company and its trustees. The OR should have raised these matters sooner.

In Prime Aesthetics Limited v The Welsh Revenue Authority [2020] TC07948, the First Tier Tribunal (FTT) dismissed the penalty appeal on the grounds that there was no reasonable excuse attributable to COVID-19.

In Swanage Sea Rowing Club (SSRC) v HMRC [2020] (TC07904), the First Tier Tribunal (FTT) decided that a boathouse constructed by a charity was not intended for a ‘relevant charitable purpose’.

Missed our SME Tax Web-updates in November? Here is a summary of the month.


The Chancellor gave his Spending Review this week. The UK's borrowing is heading towards 100% of Gross Domestic Product (GDP). It sounds as if taxes may well be going up. Although not for a year or two.

In Kamran Qurban v HMRC [2020] TC07935, appeals against late filing penalties for five tax returns were partly successful. Of the three different accountants engaged by the taxpayer over the five year period, only the death of one was found to be reasonable excuse.