Tax | Strike out notice against £214k tax appeal allowed

The court has allowed HMRC’s strike out notice against an appeal for a £214,000 input tax refund which was linked to evasion of VAT

29 Mar 2022

Tax

Business Tax

Case Reports

Tax | Supreme Court finds IFRS 2 debit is tax deductible

The Supreme Court has ruled that NCL Investments was able to deduct accounting debits from its corporate tax receipts as it was in accordance with IFRS 2

28 Mar 2022

Tax

Business Tax

Case Reports

Tax | Property developer loses £153k tax case

A developer has lost an appeal against tax amendments and penalties worth £153,084.23 as the court ruled that he failed to declare tax, and submitted inaccurate returns, over eight years

25 Mar 2022

Tax

Business Tax

Case Reports

Tax | Shopkeepers lose £243k tax appeal

Court upholds VAT assessments, penalties, and income tax amendments totalling £234,516.22 ruling that the shopkeepers had deliberately filed incorrect returns to reduce their tax liability 

23 Mar 2022

Tax

Business Tax

VAT

Case Reports

Tax | Tax firm fined £150k in tax avoidance case

The Upper Tribunal has fined AML Tax £150,000 for failing to comply with formal information notices issued as part of HMRC’s investigation into the firm’s £3.3m tax avoidance case

21 Mar 2022

Tax

Business Tax

Case Reports

Tax | Footballer Neil McCann loses £190k IR35 case

The court has ruled against former Scottish footballer and coach Neil McCann’s £190,000 IR35 tax appeal deciding that his services fell under ‘employment contracts’

18 Mar 2022

Tax

Employment Tax

Case Reports

Tax | Court rejects £3.2m claim as film scheme not trading

A partnership set up to exploit film development costs has lost an appeal at the First Tier Tribunal (FTT) after claiming that it was carrying on a trade

15 Mar 2022

Tax

Business Tax

Case Reports

Tax | Court rejects £49k tax appeal over furlough excuse

The court ruled that the taxpayer’s accountant being on furlough was not an excuse for a late appeal against a discovery assessment for capital gains tax (CGT) worth £49,000

9 Mar 2022

Tax

Property Tax

Case Reports

Tax | Two medical agencies lose £2m VAT case

The Court of Appeal has rejected an appeal by two medical recruitment agencies which were arguing that VAT costs were refundable on commissions paid for staff placements

7 Mar 2022

Tax

VAT

Case Reports

Tax | Tax agent fined £16k for money laundering breaches

The court has dismissed the appeal from a tax agent against a £16,891 penalty for multiple breaches of money laundering regulations

2 Mar 2022

Tax

Case Reports

Tax | Customs charges when moving your home back to the UK after Brexit

British nationals who return home after living in the EU should be wary of falling into a post-Brexit customs trap when moving their possessions back to the UK, warns Sarah Halsted, national VAT technical officer at RSM

2 Mar 2022

Tax

Personal Tax

Property Tax

Case Reports

Tax | VAT updates: March 2022

Graham Elliott examines the postal services exemption in Zipvit, beautician room rental in the case of Errol Willy Salons and evidence for export in Junjie Lui & Zhe Li

1 Mar 2022

Tax

VAT

Case Reports

Tax | Bonus scheme structured as tax avoidance

HMRC has won a landmark ruling in a long-running case over the use of a Growth Securities Ownership Plan (GSOP) which the tax authority argued was a tax avoidance scheme

24 Feb 2022

Tax

Personal Tax

Case Reports

Tax | Matalan founder’s £84m tax case rejected

Matalan founder John Hargreaves’ appeal against an £84m discovery assessment from 2001 has been dismissed by the court

23 Feb 2022

Tax

HMRC

Case Reports

Tax | Windfarms win £48m capital allowances claim

The Court has ruled that studies and project management costs relating to offshore windfarms, which totalled £48m, were ‘partly qualified’ for capital allowances

21 Feb 2022

Tax

Business Tax

Case Reports