In Tabrez Akhtar t/a Crawley News and Post Office v HMRC [2017] TC6078 late filing penalties were dismissed: HMRC had unlogged a return in error.
SME Tax News
In Darren Billington v HMRC [2017] TC06147 the FTT dismissed a late application to lodge an appeal against penalties raised for failure to act on an information notice: there was excessive delay and an insufficient excuse for the underlying failure.
HMRC has published ‘Non-resident companies chargeable to Income Tax and non-resident CGT: summary of responses’. This explores whether non-resident companies with UK sourced property income or gains should pay corporation tax. It concludes that these companies should move into corporation tax.
In Whittaker v Concept Fiduciaries Ltd, Guernsey Judgment 15/2017, Guernsey’s Royal Court considered the UK rules on rectification of advisers' errors in setting up a trust.
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This week's highlights: the employment status of Ryanair pilots has once more hit the news and HMRC have opened a self-reporting hotline for businesses who are facilitating criminal tax evasion. The two are not linked.
Pilots working for Ryanair have been under tax enquiries from both the UK and German tax authorities.
As part of HMRC’s approach to dealing with the new offence of Criminal Facilitation of Tax Evasion, it has given details of how an organisation can self-report any such offence discovered.
The Office of Tax Simplification (OTS) has issued a ‘future work programme’ identifying areas that it will address in the short term, the next 12 months and in the medium term.
- Penalties excused for late non-resident capital gains tax return
- Extra time to complete LBTT return results in Scottish penalties
- Appeal: penalty contrary to compliance intention
- Closure Notice after bad case management
- Simple Assessment: ending the tax return
- R & D: revised guidance on reimbursed expenses