Tax | VAT updates: November 2021

In this month’s VAT update, Graham Elliott focuses on the Rada in Business case over furlough, multiple claims from DIY housebuilder’s scheme and impact of Balhousie decision

1 Nov 2021

Tax

VAT

Tax Compliance

Case Reports

Tax | Court rules against £1.3m VAT bill

The Court has ruled against HMRC stating that it was not entitled to claim UK acquisition VAT of £1.3m from a taxpayer on the purchase of alcohol from a supplier situated in an EU member state

20 Oct 2021

Tax

Case Reports

Tax | Court dismisses claim against £1.5m pension tax

The court has dismissed an appeal from a taxpayer finding that he had unreasonably delayed applying for enhanced protection on his pension which resulted in a £1.5m tax bill

18 Oct 2021

Tax

Case Reports

Tax | Court issues £350k fine for information notice failures

The court has issued a £350,000 tax-related penalty to a taxpayer for 'continued failure' to comply with an information notice

11 Oct 2021

Tax

Personal Tax

Case Reports

Tax | Court dismisses £26k R&D tax credit

The Court has dismissed a claim that expenditure of £26,050 fell under research and development (R&D) and has ordered the business to pay it back

8 Oct 2021

Tax

Business Tax

Case Reports

Tax | Court rules property loan was liable for £18k tax

The Court has found that a company’s payment to its sole owner of profits made on a property sale was not deductible as a loan and was liable for £18k tax

21 Sep 2021

Tax

Business Tax

HMRC

Case Reports

Tax | Professional referees lose £584k in IR35 case

The court has ruled in favour of HMRC finding that the lower courts had ‘erred’ in their judgment allowing HMRC to pursue £584,000 in back taxes in the PGMOL IR35 case

20 Sep 2021

Tax

Employment Tax

HMRC

Case Reports

Tax | Taxpayer loses case over £430k penalty notice

The court has dismissed an appeal against a £434,318.73 penalty notice which was given to a sole director due to deliberate inaccuracies in the company’s tax return

16 Sep 2021

Tax

Business Tax

Case Reports

Tax | Court dismisses £3.5m Toys R Us VAT claim

The court has dismissed an appeal against a refusal by HMRC to pay a £3.5m repayment supplement where the right to a VAT credit was assigned to a third party involving former Toys R Us shops

15 Sep 2021

Tax

VAT

Case Reports

Tax | Dental practice wins tax ruling over £980k trust status

The court has ruled against HMRC and found that £980,000 worth of loans made to a director from a remuneration trust were not connected to employment and not subject to tax or National Insurance contributions (NIC)

13 Sep 2021

Tax

Business Tax

Personal Tax

Case Reports

Tax | Judicial review rejected in £1.8m loan charge repayment case

The High Court has dismissed to grant a judicial review of a decision by HMRC to refuse to give a taxpayer assurance that he would not be taxed if he ‘rescinded’ repayments of loans to an Employee Benefit Trust (EBT)

2 Sep 2021

Tax

VAT

Case Reports

Tax | Why multiple dwellings relief is a hard hurdle to leap

Zigurds Kronbergs, senior tax writer at Croner-i, looks at recent Tribunal decisions dismissing claims for multiple-dwellings relief from stamp duty land tax and considers ways to use the tax rules to gain advantage

2 Sep 2021

Tax

Property Tax

Tax Compliance

Case Reports

Tax | VAT updates: September 2021

In this month’s round-up of VAT cases, Graham Elliott examines the rulings on exempt services in Target Group, VAT group backdated exemption in Dollar Financial and judicial review at issue in KSM Henryk Zeman

1 Sep 2021

Tax

VAT

Case Reports

Tax | Court rules for £2.5m corporate tax deductions

The Upper Tribunal (UT) has overturned the First-Tier Tribunal’s (FTT) decision by ruling that corporation tax deductions of £2.5m were eligible for fees relating to advice on the disposal of assets 

31 Aug 2021

Tax

Business Tax

Case Reports

Tax | Court rules that £2.2m car allowances subject to NIC

In a test case for the treatment of car allowances, the First Tier Tribunal has dismissed an appeal by Laing O’Rourke for National Insurance contributions (NIC) relief worth £2.2m

26 Aug 2021

Tax

Business Tax

Employment Tax

HMRC

Case Reports