Tax Disputes and Litigation News
30 September 2011
In Scotts Glass, the First Tier Tribunal determined an appeal in relation to a compliance issue arising from the submission of a tax return for the Construction Industry Scheme (CIS).
20 July 2011
Whether expenditure is capital or revenue is a key question for traders in computing their profits for tax purposes. This is because revenue expenditure is deductible immediately.
01 July 2011
The recent judgment of RE Clark v HMRC (9 May 2011) and HMRC's consultation document (published 28 June 2011) have provided an interesting debate on HMRC's common practice of "Coding out", and a taxpayer's right of appeal against "informal assessments" issued by HMRC.