Farmer wins tax dispute with Revenue
A Scottish Highlands farmer has won a tax bill battle after the Inland Revenue admitted it had over-charged the man by almost £30,000.
Supported by the charity Tax Relief, Alexander Reid, 60, from Inverness, was declared bankrupt in 1996 after his tax returns were not filed in the early nineties and debt built up.
He was forced to sell a plant hire company for £100,000 to try and avoid the bankruptcy, but was unsuccessful. The Revenue then claimed it was owed £29,000 in PAYE and National Insurance contributions as a result of the sale.
His local MP, Angus Robertson, SNP for Moray, described the treatment Reid received as ‘a travesty’, reported The Daily Telegraph.