This month, we consider some of the key announcements in the Spring Budget relevant to private clients, including various changes to the taxation of property transactions and the abolition of the non-dom regime. We also review three recent cases which highlight some interesting procedural points in the context of challenging HMRC enquiries: in Hunt, HMRC successfully applied for the taxpayers’ appeals to be stayed behind another group of cases which involved the same key point; Smith serves as a warning that deadlines should be diarised to avoid late filings; and in Brown,the Court of Appealconfirms that HMRC could rely on an argument which they had not presented to the FTT.
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This month, we consider some of the key announcements in the Spring Budget relevant to private clients, including various changes to the taxation of property transactions and the abolition of the non-dom regime. We also review three recent cases which highlight some interesting procedural points in the context of challenging HMRC enquiries: in Hunt, HMRC successfully applied for the taxpayers’ appeals to be stayed behind another group of cases which involved the same key point; Smith serves as a warning that deadlines should be diarised to avoid late filings; and in Brown,the Court of Appealconfirms that HMRC could rely on an argument which they had not presented to the FTT.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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