CASES

Petroleum revenue tax (PRT) and subsidiary argumentIn HMRC v Perenco UK Ltd [2023] UKUT 169 (TCC) (19 July 2023), the UT dismissed HMRC's appeal against the FTT decision. Consequently, expenditure incurred by the taxpayer during the relevant period...

Shadow directorships and unjust enrichment: In DMWSHNZ Ltd (in liquidation) and the liquidators thereof v Bank of Scotland plc [2023] CSOH 47 (13 July), the Court of Session (Scotland) opined that a case against Bank of Scotland on grounds...

Payment for asset transfer between connected parties was a distribution

Expenses were not incurred in the performance of duties of employment

NICs on car allowances

‘Spa tax’ not consideration for a VATable supply

HICBC due despite remarriage

Meaning of medical care for purposes of VAT exemption.

UK Privy Council rules on unoccupied hotel rooms in Mauritius.

VAT penalties:Aizio Associates Ltd and others v HMRC [2023] UKFTT 576 (TC) (29 June 2023) is in many ways a straightforward case about penalties for incorrect VAT returns. It does have one point of interest, however. Could HMRC charge a penalty where...