TAX CASES - 23.11.2023
Are social media messages evidence?
Monks v HMRC. HMRC opened an enquiry into Mr Monk’s (M) 2019/20 tax return. It sent notice of the enquiry on 27 January 2022 including a schedule of information required. M said that HMRC was out of time to open the enquiry, as he had not received the first notice until 1 February 2022, which was evidenced by WhatsApp screenshots. ...
PENALTIES - 23.11.2023
Penalties: evidence and the burden of proof
One of our subscribers recently convinced HMRC to remove a surcharge in relation to a supposedly late payment. How does their experience, and a recent tribunal case, underpin some fundamental issues when it comes to appeals?
SELF-ASSESSMENT - 14.11.2023
Missed the 31 October deadline?
If you file your 2022/23 paper tax return after 31 October 2023, it’s likely that HMRC will fine you. However, there are exceptions. When and how can you use them to avoid a penalty?
TAX CASES - 19.09.2023
Failure was deliberate but not concealed
Milasenco v HMRC. Mr Milasenco (M) was subject to an enquiry in 2014. This concluded that he had been trading on eBay since 2008, and assessments were raised. M didn’t include any self-employment income from 2013 to 2016, and for 2016/17 asked HMRC to withdraw him from self-assessment. HMRC opened another enquiry and found he was still trading. ...
PENALTIES - 18.09.2023
Remember, remember the 5th of October
You’ve recently read that you can be fined if you owe tax for 2022/23 and don’t tell HMRC about it by 5 October 2023. Is this right and if so what steps can you take to avoid a penalty?
PENALTIES - 30.08.2023
Late returns and payments consequences
The penalty system for late tax returns and payments has been subject to a number of tweaks in recent years. What’s the position now, and how have rising interest rates affected matters?