In Pattullo v HMRC [2016] UKUT 0270 the Upper Tribunal (UT) held that a discovery assessment into a CGT avoidance scheme was valid.
HMRC: Agent Update June 2016
HMRC have issued their Agent Update for June 2016: we have summarised the key content for you with links to our detailed guidance on the topics covered.
HMRC's Brexit message: Carry on as Normal
HMRC has recorded a message on its phonelines to reassure taxpayers that the EU referendum result of Brexit heralds no immediate changes to the UK's tax system.
Nichola's SME Tax w-update 23 June 2016
Hello
We are back with some really interesting guides and updates this time.
A win for Tottenham Hotspur
In Tottenham Hotspur Limited v HMRC [2016] UKFTT TC05143 the First Tier Tribunal (FTT) found that payments to players were termination payments and not subject to NIC.
Potential lost revenue: penalty with zero tax liability
In Alpine Contract Services v HMRC [2016] TC05148 a director's actions led to penalties for deliberate behaviour. The FTT's interpretation of the term 'potential lost revenue' created a windfall for HMRC.
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