Hicks [2018] TC 06301

The First Tier Tribunal has allowed a taxpayer’s appeal against HMRC’s discovery assessments. The Tribunal discovered that HMRC had made a discovery in relation to the taxpayer’s use of a tax avoidance scheme, as there was no insufficiency of disclosure in the tax return and the insufficiency of tax was not brought about carelessly by either the taxpayer in his tax return or by his accountant, the discovery assessments were held to be invalid.

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