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
11th Aug 2020
HMRC right to request joint bank statements
In November 2018, HMRC launched an enquiry into Gordon Ferris’ 2016/17 tax return. A review of a three-month (and subsequent six-month)...
Business tax
7th Aug 2020
UT corrects FTT over termination payment tax
Jones left her employer, Doubletake Studios Limited (DTS), on 31 October 2010, and agreed to a redundancy payment of £36,700. Payment was...
Personal tax
31st Jul 2020
CGT due on transfer to relative’s company
A shop premise in the High Street in Plaistow with flats above was jointly owned by brothers Asif Bhikhi and Sajid Bhikhi. In 2006, Asif...
Personal tax
22nd Jul 2020
No CGT relief for three homes sold in three years
Aqeela Hashmi [ TC07715 ] appealed against three CGT assessments issued by HMRC under s29 TMA 1970 relating to the tax years 2013/14 to...
Personal tax
3rd Jul 2020
Wilful failure to deduct PAYE costs £276,000
HMRC issued directions under Income Tax (PAYE) Regulations 2003, reg 72: Recovery from employee of tax not deducted by employer to Budhdeo...
Business tax
30th Jun 2020
One-person company compliance challenges: The year ahead
It’s fair to say that 2020 is not a golden age for one-person companies. Long gone are the days of a starting rate of corporation tax of 10...
Business tax
26th Jun 2020
CJRS 2.0: Variable hours employees, making claims, and getting ready
It’s hardly surprising, given the reams of HMRC guidance and conflicting information on the definition of actual hours, that many...
HMRC & policy
18th Jun 2020
Furlough and SEISS 2.0: Your questions answered
This week’s Coronavirus response Q&A webinar came hot on the heels of revised furlough guidance and further details on the SEISS...
Business tax
10th Jun 2020
Fuel policy paved with good intentions
Contract Services (Millenium) Limited ( TC07662 ) provided a select number of employees with company cars. They could use those cars for...
Business tax
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