Income tax – closure notice – professional fees and subscription not within requirements of s336 Income Tax (Earnings and Pensions) Act 2003 – self-employment expenses of pounds 120,000 with income of pounds 5,000 over 46 days not genuine – no expectation of profit – s66 Income Tax Act 2007 – closure notice confirmed
Citations:
[2019] UKFTT 743 (TC)
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 19 November 2022; Ref: scu.646928