Too often, of late, HMRC’s press releases have been misleading, as in the recent case of Bristol & West, writes Simon McKie
It’s a long time since HMRC’s press releases were usefully informative. Too often now they are simply misleading.
Bristol & West plc v HMRC [2014] UKUT 0073 (TCC) was a recent case in which HMRC’s amendment to the taxpaying company’s return was rejected in its entirety by the Upper Tribunal due to a simple error by an HMRC official resulting in the loss of £9.2m in tax. The error was compounded by a lackadaisical failure to take a basic step which would have prevented the loss. One can see that HMRC would be embarrassed by such a mistake but I was astonished at its effrontery in publishing a press...
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