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SME Tax News

HMRC and the taxpayer: Strategy and Charter

Last Updated: 31 August 2023

HMRC have published two documents regarding its relationship with the taxpayer and how this is developing/will develop in future. 'Corporate Report: Our Strategy' contains a declaration of their values, three strategic objectives and eight key decisions. 'Your Charter Annual Report: April 2016 to March 2017'  is the Charter Committee’s report on how HMRC has performed against the standards expected in its Customer Charter.

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Introducing the Corporate Criminal Offence: failure to prevent tax evasion

Last Updated: 31 August 2023

On 12 July 2017, the Criminal Finances Act 2017 Regulations were introduced to Parliament bringing into force the new offence of failure to prevent the facilitation of tax evasion from 30 September 2017.

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Powers of Attorney overcharged

Last Updated: 31 August 2023

The Ministry of Justice's Office of the Public Guardian (OPG) says that it will refund overcharged fees in respect of processing applications for Powers of Attorney.

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Deemed domicile: draft legislation for Summer Finance Bill

Last Updated: 31 August 2023

On 13 July 2017, HMRC published some draft legislation for Finance Bill (No.2) 2017 with minor amendments for the Deemed Domicile rules.

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IHT on enveloped property: Summer Finance bill

Last Updated: 31 August 2023
  • tax,

On 13 July 2017, HMRC published some draft legislation for Finance Bill (No.2) 2017 with minor amendments for IHT on enveloped property.

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Trustee mistake not capable of rectification

Last Updated: 31 August 2023

In Gresh v RBC Trust Company (Guernsey) Ltd and HMRC (judgment 6/2016) Guernsey’s Royal Court would not allow trustees to set aside a decision that caused a beneficiary an unexpected tax charge on his pension lump sum.

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Negligible value: email claim lacked detail

Last Updated: 31 August 2023

In Richard Steven Ward v HMRC [2017] TC05919 HMRC incorrectly disallowed a negligible value claim: it was sent by email and poorly worded.

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Deliberate error brought on by stress?

Last Updated: 31 August 2023

In Davinder Heaven v HMRC [2017] TC05992 a lack of suitable evidence resulted in penalties for deliberate error for omissions from a tax return for a stressed lawyer.

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Risky business: taxpayer's employment claim fails

Last Updated: 31 August 2023

In Malcolm Tomlinson v HMRC [2017] TC05743 a taxpayer was unsuccessful in claiming employment for National Insurance contributions (NICs) purposes.

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Discovery scope extended

Last Updated: 31 August 2023

In Gareth Clark v HMRC [2017] TC5856 the First Tier Tax Tribunal (FTT) extended the scope of discovery assessments. The case concerned a pensions unauthorised payment charge. The decision was confirmed by the Court of Appeal in February 2020.

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Subcategories

Archived SME tax news Article Count:  336

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