FTTTx INCOME TAX – RandW CONCESSIONS – Discovery Assessment valid – Assessment in relation to section 419 claim upheld – NI Section 8 Decision out of time 2000/01 to 2003/04 – Liable to pay class 1A NI 2004/05 and 2005/06 – Penalty at 20% – Appeal allowed in part.
INCOME TAX – Mr RHODES – Discovery Assessments valid except 2004/05 loan benefit – 2005/06 loan benefit upheld – Car and fuel benefits in respect of Porsche and Mercedes motor vehicles upheld – Benefit re transfer of Mercedes reduced to andpound;6,000 – Benefit re transfer of Volvo discharged Penalty reduced to 20% – Appeal allowed in part.
[2013] UKFTT 431 (TC)
Bailii
England and Wales
Income Tax
Updated: 20 November 2021; Ref: scu.515224
