A first tier tribunal has ruled that two taxpayers negligently submitted tax returns because of their failure to verify a tax avoidance scheme was a not sham.
HMRC’s upper tier tribunal victory last year in the HOK reasonable excuse case has put taxpayers on the back foot following a string of recent tribunal defeats.
HMRC’s application to appeal a £2.4m VAT refund to mobile phone trading companies Unistar Group and Unistar Trading has been rejected.
Three appellants supported by the Low Income Tax Reform Group
Taxpayers who are appealing against daily penalties for late tax returns face delay and uncertainty after HMRC appealed against a recent tribunal ruling.
An employee share option scheme that is conditional on employees paying their PAYE liability should not be subject to a charge under section 222, a tax tribunal has ruled.
British shipping company P&O has failed in its bid to use a complex international tax avoidance scheme to avoid paying corporation tax.
As daunting a prospect as it might be, the first tier tax tribunal (FTT) is something accountants and tax advisers are likely to face at some point during their career.
The Bank of Ireland lost a first-tier tribunal appeal that will force it to pay £30m corporation tax on a £91m gain.