FTTTx Income tax – charge on retirement benefits scheme administrator under s591C ICTA 88 on cessation of approval of scheme – whether notice validly given – whether assessments valid – whether raised in respect of correct year of assessment – whether raised in name of correct person – whether out of time
The taxpayer appealed against assessments arising on the withdrawal of approval of a company retirement benefits scheme, on the ground that the tax should have been assessed for the tax year when the scheme ceased to be eligible and when the withdrawal of approval took effect under the terms of the Revenue’s notice.
Held: This contention was rejected by the First-tier Tribunal. The assessment took effect against the year of the income being taxed.
Citations:
[2011] UKFTT 686 (TC)
Links:
Statutes:
Income and Corporation Taxes Act 1988 591B(1)
Jurisdiction:
England and Wales
Cited by:
Appeal from – John Mander Pension Trustees Ltd v Revenue and Customs – FTC/88/2011 UTTC 28-Jan-2013
UTTC Income tax – charge on retirement benefits scheme administrator under s591C ICTA 88 on cessation of approval of scheme – whether assessments raised in respect of correct year of assessment – whether raised . .
At FTTTx – John Mander Pension Scheme Trustees Ltd v Revenue and Customs CA 19-Dec-2013
The court was asked whether the Commissioners for Her Majesty’s Revenue and Customs have assessed the appellant for tax in the wrong tax year. The scheme had ceased to be approved, and HMRC issued assessments for the earlier years in which the . .
At FTTTx – John Mander Pension Trustees Ltd v Revenue and Customs SC 29-Jul-2015
The pension scheme had been approved, but that approval later withdraw. HMRC issued assessment for the years in which it had been approved. The taxpayer argued that such assessments applied to the date with effect from which the approval is . .
Lists of cited by and citing cases may be incomplete.
Income Tax
Updated: 29 September 2022; Ref: scu.449615