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Action points

07 January 2014
Issue: 4434 / Categories: For Action , Admin

Tasks to share around the office

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  • Have you got opinions about the rules relating to VAT online? Consider submitting a response to HMRC’s consultation on the help available to businesses that must file returns online.
     
  • The First-tier Tribunal judge in Kohal took his own approach to the mitigation of a penalty imposed on a taxpayer for negligence in failing to declare taxable income in his return reducing it further from the amount that HMRC had already reduced it. This is relatively unusual and should not be counted on as normal practice. 
     
  • Current tax legislation includes many definitions something that was previously left to the courts or guidance....

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