Tribunal

The importance of the competent professional in R&D tax claims

Helping your clients identify the right person in a business to champion their research and development (R&D) tax relief claims is crucial for success.At the heart of the R&D requirements is the concept of the “competent professional” which has become an increasingly important factor in claims. The issue was put…

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Is HMRC getting more creative with Schedule 36 notices?

As part of the Finance Act 2008, Schedule 36 grants HMRC the authority to issue an ‘information notice’ to taxpayers, enabling them to request documents and data necessary to verify a taxpayer’s tax position. While the issuance of these notices has long been part of HMRC’s arsenal, there has been…

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FTT dismisses HMRC’s appeal to charge VAT on Mega Marshmallows

The First Tier Tribunal (FTT) has appealed against HMRC’s decision that supplies of Innovative Bites Ltd (IBL) ‘Mega Marshmallow’ are standard rated supplies of confectionery pursuant to Excepted Item 2 of Group 1 of Schedule 8 to the Value Added Tax Act 1994 (‘VATA’). The ruling follows IBL’s argument that…

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HMRC confirms 45-strong team dedicated to IR35 cases

HMRC’s specialist compliance team, which is focused on IR35 investigations, reportedly has a headcount of 45 full-time staff, according to Pinsent Masons.  According to information provided by HMRC, that team also has access to additional manpower and resources outside its core team. Using the IR35 rules, HMRC has led a…

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Azets bolsters Forensic Accounting and Valuations team

Azets has announced it has made three senior appointments in the Forensic Accounting and Valuations team. It confirmed partners David Houghton and Kate Beckett, and director Aaron Pegg join from DSW Bridge Houghton Forensic. The appointments form part of Azets’ plans to scale the national forensic accounting team, in response…

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Presenter Kaye Adams wins IR35 case after 9-year battle

TV Presenter Kaye Adams has won her case against the tax man after a nine-year battle over her earnings while at the BBC. HMRC said Adams owed £124,000 in income tax and National Insurance contributions as it claimed she should have been taxed as an employee for her work at…

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Apple loses latest round of €13bn Irish tax dispute

Apple has run into a setback in its appeal against an order to pay an €13bn (£11.3bn) tax bill in Ireland, after advocate general Giovanni Pitruzzella at the European court of justice (ECJ) said a ruling in the tech company’s favour should be dismissed.  As the proceedings are ongoing, Apple…

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KPMG could face ‘record’ fines over Carillion audits

KPMG could reportedly be facing a record fine over its auditing of construction company Carillion, Sky News has reported. Sky said that failings in its auditing of the company, which collapsed in 2018 and led to thousands of job losses, could see the firm’s fine hit “tens of millions of…

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61% businesses stuck in tax disputes for over a year

Three in five businesses (61%) have claimed that they are currently involved in a tax dispute with HMRC which has lasted more than one year, according to a new survey from accountancy and business advisory firm BDO. The new figures, which come from the latest BDO survey of more than…

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FRC imposed ‘record’ £40.5m in sanctions in FY22

The FRC has revealed that a record number of cases were resolved in the year 2022/23 that resulted in financial sanctions of £40.5m being imposed, according to the council’s Annual Enforcement Review that was published today (27 July). The year saw the FRC’s highest ever sanction of £20m that was…

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