In M Watts v Revenue Scotland [2017] FTSTC 1 the Scottish tax tribunal upheld penalties of £890 for a late LBTT return despite no tax being due; ignorance of the law was no excuse for the self-represented tax payer.
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In J Cooney (as representative partners of Citygate Partnership) v HMRC [2017] TC05950, the First- Tier Tribunal (FTT) agreed that the partnership had a reasonable excuse for the late return and HMRC should have given a special circumstances reduction as they had the individual partners’ returns.
In Jörg Märtin v HMRC TC05942, the First Tier Tribunal (FTT) held that where there was no evidence of a valid reason for HMRC to have delayed dealing with an enquiry they had to issue a closure notice.
Under Simple Assessment, HMRC automatically calculate tax liabilites using a Simple Assessment Calculation 'SAC' for some taxpayers. This removes them from self assessment system. The process will start by focusing on new state pensioners and PAYE customers.
HMRC have just published revised guidance on amending earlier years’ R&D claims to include reimbursed employee expenses.
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HMRC have announced that they have a new IT chief. Microsoft's Corporate Vice President Jacky Wright joins HMRC for what looks like a two-year stint and we wish her good luck in her difficult new job.
HMRC have confirmed that the optional 2-step verification (2SV) becomes mandatory this month for businesses. This requires users to combine the government gateway login and password with a security code sent to a mobile or landline.
HMRC have published their annual statistics for the uptake of Patent Box by companies, and for Research & Development Tax Credits.