The taxpayer runs a public house as a sole trader and also owns the freehold premises. He has previously charged the business a rent for the use of the pub and this has been paid to him personally
A company has been trading for about ten years, but has not paid corporation tax for four years due to the ‘critical personal need’ of the directors amd also owes VAT
A married couple invested £350,000 with a financial institution, but this had fallen in value to £200,000 within two years. The institutions agreed that the investment was not appropriate and paid...