In the recent case of J Day & A Dalgety, two taxpayers had sold three properties that they owned together. The case concerned negligence and penalties for carelessness, as they did not include any details …
More cases on the scope of HMRC powers. The first concerns a current successful barrister. His penalty for failing to react to HMRC information notices was £1.2m+. Many would say “Ouch! That hurt!” However, in …
A recent tribunal case (D White v HMRC) again highlighted the importance of keeping accurate records for tax purposes, this time in a case involving private expenditure on a company credit card. The Director used …
I am a Tax Practitioner. As a Chartered Accountant and former Inspector of Taxes, I have always been taught [and sought] to act ethically. Unfortunately, I fear HMRC is at grave risk of becoming dysfunctional. …
The Blog this week could be described as dark tales from the Brothers Grimm entitled “What happens to those who ignore HM Revenue and Customs…” Do not be too scared! Whilst the Brothers Grimm tales …