LD v Revenue and Customs (Income Tax/Corporation Tax : Assessment/Self-Assessment): FTTTx 9 Aug 2019

INCOME TAX – Whether certain alleged agent and webmaster expenses of self-employment as an adult entertainer deductible? – In the absence of evidence, no – Penalty Assessments – Schedule 24 Finance Act 2007 – Whether conduct leading to inaccuracy deliberate? – Yes, but not in relation to a return with figures which are expressly said to be provisional and subject to amendment – Whether deductions applied for disclosure should be adjusted? – Yes – Appeal allowed in part

Citations:

[2019] UKFTT 526 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Income Tax

Updated: 31 October 2022; Ref: scu.641332