Jurisdiction of the tax tribunals to hear connected appeals
In Spring Salmon & Seafood v HMRC [2014] UKUT 0488 (29 October 2014) the UT found that the FTT had been correct in considering that it did not have the jurisdiction to hear an appeal.
Spring Salmon’s corporation tax returns for 2002 and 2003 claimed relief for amortisation of goodwill; it also stated that the remaining tax had been paid. HMRC denied the relief and found that the tax had not been paid.
Spring Salmon stopped trading in 2005. In a letter to HMRC it claimed terminal loss relief (ICTA 1988 s 393A) by setting off the losses made in the last 12 months of trading against the profits of the previous 36 months. HMRC denied the claim.
Spring Salmon appealed HMRC’s decisions in relation to the 2002 and 2003 returns and later on in relation to the 2004...
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Jurisdiction of the tax tribunals to hear connected appeals
In Spring Salmon & Seafood v HMRC [2014] UKUT 0488 (29 October 2014) the UT found that the FTT had been correct in considering that it did not have the jurisdiction to hear an appeal.
Spring Salmon’s corporation tax returns for 2002 and 2003 claimed relief for amortisation of goodwill; it also stated that the remaining tax had been paid. HMRC denied the relief and found that the tax had not been paid.
Spring Salmon stopped trading in 2005. In a letter to HMRC it claimed terminal loss relief (ICTA 1988 s 393A) by setting off the losses made in the last 12 months of trading against the profits of the previous 36 months. HMRC denied the claim.
Spring Salmon appealed HMRC’s decisions in relation to the 2002 and 2003 returns and later on in relation to the 2004...
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If you do not subscribe but are a registered user, please enter your details in the following boxes:
