CASES

Grazing and rewilding land was not residential for SDLT purposes

Dividend payment dates: In Gould v HMRC [2022] UKFTT 431 (TC) (1 November 2022), two brothers held equal numbers of shares in their family company and wanted to extract 20m each by way of dividend. For their own tax reasons, it suited them to...

Retail vouchers given away free to employees did not result in deemed VAT charge 

Declared but withheld dividends were not taxable income 

SDLT scheme ruled ineffective 

Joint objection to judicial review claim transferring to Leeds from London rejected 

Termination payment: In Mrs A v HMRC [2022] UKFTT 421 (TC) (14 November 2022), the taxpayer agreed a compromise settlement with her employer for a sum in excess of 1m. A relatively small amount was agreed as non-taxable compensation for injury...

Out of time appeal rejected, despite strong legal case

Reasonable excuse: N Futcher v HMRC [2022] UKFTT 401 (TC) (3 November 2022) makes rather sad reading. The appeal was against a late return penalty: not the standard penalty for late submission of a self-assessment return but the much higher penalty...