InHMRC v E Walker[2016] UKUT 32 (1 February 2017) the UT found that once the FTT had found that the taxpayer was entitled to a smaller repayment than the one actually claimed it should have amended its return.
Mr Walker was a contractor in the construction industry. Following an enquiry HMRC had issued a closure notice against which the taxpayer had appealed.
Although the FTT had found in favour of the taxpayer it had found that he was entitled to a smaller repayment than the one made to him but it had decided that it had no power to amend his return under TMA 1970 s 50(6) and (7). HMRC challenged this conclusion as to the FTT’s power to amend returns.
The UT noted that the rights of the taxpayer and HMRC in relation to payment...
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InHMRC v E Walker[2016] UKUT 32 (1 February 2017) the UT found that once the FTT had found that the taxpayer was entitled to a smaller repayment than the one actually claimed it should have amended its return.
Mr Walker was a contractor in the construction industry. Following an enquiry HMRC had issued a closure notice against which the taxpayer had appealed.
Although the FTT had found in favour of the taxpayer it had found that he was entitled to a smaller repayment than the one made to him but it had decided that it had no power to amend his return under TMA 1970 s 50(6) and (7). HMRC challenged this conclusion as to the FTT’s power to amend returns.
The UT noted that the rights of the taxpayer and HMRC in relation to payment...
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If you do not subscribe but are a registered user, please enter your details in the following boxes:
