Lucy Webb
Member Since: 23rd Sep 2019
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Lucy is an ACA and CTA qualified tax writer, who writes about the latest trends in tax and accounting, including IR35 and Making Tax Digital.
Tax Writer
22nd May 2020
Farmer denied £1.5m of loss relief
In 2018, the first tier tribunal (FTT) allowed Ardeshir Naghshineh [ TC06631 ] to claim sideways loss relief which arose from his farming...
Business tax
1st May 2020
IR35 costs project manager £74,528
Robert Lee was a project manager who worked through his personal services company: Northern Lights Solutions Ltd. He has lost his IR35...
Business tax
24th Apr 2020
Accountant’s personal goodwill did not exist
To understand why HMRC was dismissive of the idea that Dyer could transfer personally held goodwill to his company it is necessary to...
HMRC & policy
17th Apr 2020
Gambler comes up trumps against HMRC
In October 2013 HMRC started to examine Simon McMillan’s tax affairs [ TC07595 ]. McMillan had not filed a tax return for any of the years...
HMRC & policy
3rd Apr 2020
IR35: Lack of employment rights for deemed employees
An employee is entitled to various employment rights, including (but not limited to): Minimum notice periods Protection against unfair...
HMRC & policy
20th Mar 2020
Taxpayers’ claims for private residence relief denied
Cornelia Simpson Cornelia Simpson [ TC07476 ] purchased a one bedroom flat in Earl’s Court Square in London, which she owned between 5 June...
HMRC & policy
9th Mar 2020
Taxpayer refused excessive cost deductions
During 2013/14, Alistair Jordan was a director of his parent’s company, Rapid Platforms Ltd (RP Ltd). In the same year he incorporated his...
Personal tax
28th Feb 2020
Delay in providing statements was reasonable
On 18 December 2018, HMRC issued Pervez Akhtar an information notice under FA 2008, Sch 36, para 1. This required him to provide a number...
HMRC & policy
10th Feb 2020
Late corporation tax return and payment cost £34,870
Caris Properties Limited (Caris) developed and sold high-end properties. Its accounting period ended 30 September 2016, and the filing...
Business tax
28th Jan 2020
Confusion over CGT exemption for new homes
Under concession ESC D49 HMRC permits purchasers of homes, who can’t immediately move into the property, to treat the first period of...
Personal tax