header-logo header-logo

Taxing matters

05 May 2017 / Peter Vaines
Issue: 7744 / Categories: Features , Tax
printer mail-detail
nlj_7744_vaines

Peter Vaines reports on the latest news from the world of tax

  • What is a reasonable excuse for not paying tax on time?
  • If the owner of shares dies before making a claim for income tax relief under s 131 of the Income Tax Act 2007, can the claim be made by his executors?
  • Revisiting the text for employee expenses.
  • What is to become of the Finance Bill?

I am always on the lookout for reasonable excuses (you never know when you might need one) and there have been two conflicting cases decided recently.

In Crossley v HMRC TC 5535 the taxpayer managed to persuade the Tribunal that he had a reasonable excuse for not paying his tax on time because he did not have the money. That was a seriously impressive success because Sch 56(16) of the Finance Act 2009 specifically states: ‘An insufficiency of funds is not a reasonable excuse, unless attributable to events outside the person’s control.’

The facts were interesting—but it just goes to show that the words ‘attributable

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Birketts—trainee cohort

Birketts—trainee cohort

Firm welcomes new cohort of 29 trainee solicitors for 2025

Keoghs—four appointments

Keoghs—four appointments

Four partner hires expand legal expertise in Scotland and Northern Ireland

Brabners—Ben Lamb

Brabners—Ben Lamb

Real estate team in Yorkshire welcomes new partner

NEWS
Robert Taylor of 360 Law Services warns in this week's NLJ that adoption of artificial intelligence (AI) risks entrenching disadvantage for SME law firms, unless tools are tailored to their needs
From oligarchs to cosmetic clinics, strategic lawsuits against public participation (SLAPPs) target journalists, activists and ordinary citizens with intimidating legal tactics. Writing in NLJ this week, Sadie Whittam of Lancaster University explores the weaponisation of litigation to silence critics
Delays and dysfunction continue to mount in the county court, as revealed in a scathing Justice Committee report and under discussion this week by NLJ columnist Professor Dominic Regan of City Law School. Bulk claims—especially from private parking firms—are overwhelming the system, with 8,000 cases filed weekly
Writing in NLJ this week, Thomas Rothwell and Kavish Shah of Falcon Chambers unpack the surprise inclusion of a ban on upwards-only rent reviews in the English Devolution and Community Empowerment Bill
Charles Pigott of Mills & Reeve charts the turbulent progress of the Employment Rights Bill through the House of Lords, in this week's NLJ
back-to-top-scroll