Larkin v Revenue and Customs: FTTTx 27 Apr 2012

INCOME TAX – Taxes Management Act 1970, Section 12B – records to be kept for the purpose of returns – rental income, expenses from rental income and repairs in connection with a let property – whether sufficient records were kept and preserved – whether loss of tax brought about by carelessness – lack of evidence – Appeal dismissed.

[2012] UKFTT 293 (TC)
England and Wales

Income Tax

Updated: 23 November 2021; Ref: scu.462694