In Parklane UK Investments Limited v HMRC [2016] UKFTT 0803 the First Tier Tribunal (FTT) found that HMRC were wrong not to suspend a VAT penalty simply because the company joined a VAT group and was no longer registered in its own name.
SME Tax News
In Terence Patrick Brady v HMRC [2017] TC5622 a director was allowed a claim for overpaid VAT after a liquidator demanded repayment of a company's rent paid to a director.
The Public Accounts Committee (PAC) has published a report, 'Collecting tax from high net worth individuals'. It calls into doubt HMRC's relationship with high net worth individuals (HNWIs).
HMRC have published a response to their consultation ‘Making Tax Digital: Transforming the tax system through the better use of information’.
Taxpayers who call the tax credits and self assessment helplines can enrol for voice identification in order to speed up the security process with HMRC.
In HMRC v Personal Representatives of Rachel Staveley (dec’d) & Others [2017] UKUT 004 the Upper Tribunal (UT) found that a failure to exercise pension rights was not a transfer of value.
HMRC have published a response to their consultation ‘Making Tax Digital: Voluntary pay as you go'.
HMRC have published a response to their consultation ‘Making Tax Digital: Tax administration’.
HMRC have published a response to their consultation ‘Simplifying tax for unincorporated businesses’, part of the Making Tax Digital (MTD) package of consultations.
HMRC have published a response to their consultation ‘Simplified cash basis for unincorporated property businesses’, part of the Making Tax Digital (MTD) package of consultations.