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Big Brother again

09 October 2000
Issue: 3778 / Categories:
If an Inspector accepts the accuracy of a client's self-employed accounts and records and the only other known source of income is a modest salary from employment, is he able to tax what he alleges are unidentified deposits to building society accounts? The client asserts these are from cash savings acquired over a period of time as a result of her frugal lifestyle.
(Query T15,702) Michelle.

If an Inspector accepts the accuracy of a client's self-employed accounts and records and the only other known source of income is a modest salary from employment, is he able to tax what he alleges are unidentified deposits to building society accounts? The client asserts these are from cash savings acquired over a period of time as a result of her frugal lifestyle.
(Query T15,702) Michelle.

Issue: 3778 / Categories:
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