The Fool on the Hill?
I note commentary in Taxation approving of ‘High Tech’ solutions. This would encompass (I gather) everyone signing up to the ‘Cloud’. Technology is wonderful. BUT: Some points. They are meant for debate, and I certainly …
Private Expenditure and The Importance of Keeping Records
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 …
Reasonable Excuse – HMRC Publishes List of Worst Excuses, But Are They Ignoring Genuine Cases?
HMRC have released a list of the 10 worst excuses for missing the 31 January tax return deadline, however there are a number of cases where HMRC’s limited definition for what constitutes a reasonable excuse …
Dividends not unlawful according to Tribunal – R Jones, J Jones v HMRC
In a recent case (R Jones, J Jones v HMRC) that initially appears surprising, the First-Tier Tribunal determined that dividends declared by a recruitment consultancy company, which subsequently went into insolvent liquidation, were not unlawful. …
Pity The Fools – Mr Tee Penalty Appeal Allowed Due to HMRC Vagueness
Following a prison sentence for benefit and mortgage fraud, a taxpayer in a recent case (Mr Tee v HMRC), was issued a notice by HMRC under FA 2008, Sch 36 requiring him to provide details …