INCOME TAX – limited liability partnerships – Income Tax (Trading and Other Income) Act 2005, section 863 – whether HMRC had power to open enquiry under Taxes Management Act 1970, section 12AC – whether any enquiry should have been made under Finance Act 1998, Schedule 18, paragraph 24 – whether closure notices issued under Taxes Management Act 1970, section 28B were valid – yes – appeal allowed.
[2020] UKUT 161 (TCC)
Bailii
Income Tax (Trading and Other Income) Act 2005 863, Taxes Management Act 1970
England and Wales
Updated: 24 June 2021; Ref: scu.652554