SCIT INCOME TAX – ASSESSMENT – Inspector discovered unexplained deposits in the Appellant’s bank account and personal expenditure on employer’s credit card – deposits and credit card expenditure assessed as income subject to tax – Appellant no explanation for the sources of income – assessments made under discovery provisions except 1997/98 which was a jeopardy assessment – not satisfied that requirements met for jeopardy assessment – 1997/98 assessment, however, not invalid – assessments upheld – Appeal dismissed.
Citations:
[2008] UKSPC SPC00680
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 15 July 2022; Ref: scu.267767