Dangov v Revenue and Customs (Income Tax/Corporation Tax : Sub-Contractors In The Construction Industry): FTTTx 4 Mar 2019

INCOME TAX – discovery assessments and closure notice in relation to certain deductions claimed as business expenses – expenses in relation to cost of materials disallowed but interest costs allowed – appeal allowed in part – penalties for careless inaccuracies – adjustment to penalties to reflect the outcome of the appeal in relation to the discovery assessments and the closure notice

Citations:

[2019] UKFTT 170 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Income Tax

Updated: 31 October 2022; Ref: scu.635746