FTTTx Income tax – determination under section 28C TMA – whether right of appeal to the tribunal- held: no. Citations: [2011] UKFTT 471 (TC) Links: Bailii Statutes: Taxes Management Act 1970 28C Jurisdiction: England and Wales Income Tax Updated: 17 September 2022; Ref: scu.443159
FTTTx VAT Penalties – First and second surcharges imposed under S.59(C) TMA 1970 – Appellant unable to pay due to difficult trading conditions – says may have been able to pay had he known a surcharge would be imposed – whether reasonable excuse – no – surcharges confirmed. Citations: [2011] UKFTT 496 (TC) Links: Bailii … Continue reading Westwood v Revenue and Customs: FTTTx 25 Jul 2011
The European Court had found the UK to have unlawfully treated differently payment of franked dividends between subsidiaries of UK companies according to whether all the UK subsidiaries were themselves UK based, thus prejudicing European subsidiaries, breach of EU Treaty guarantees of freedom of establishment and of movement of capital. The court was now asked … Continue reading Test Claimants In The Franked Investment Income Group Litigation v Inland Revenue: SC 23 May 2012