The High Court appeal of the Arctic Systems case (for the so-called husband and wife tax, better known as Section 660A) will start on 15, 16 or 17 March 2005 and last three days, the Professional Contractors Group has announced.
Link: Decision in ‘husband and wife’ tax case questioned
The case concerns Geoff and Diana Jones, of West Sussex IT company Arctic Systems, who lost their landmark S660A legal battle in front of special commissioners when the two commissioners involved could not agree on a verdict.
The case ended with the casting vote eventually being used in favour of the Inland Revenue.
According to the PCG, the outcome could have huge implications for hundreds of thousands of husband and wife businesses. The case is being PCG with the legal and advisory team including Malcolm Gammie QC and Dave Smith from Accountax Consulting.
The numbers you crunch tell a story. Your expertis...
19yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe upcoming tax changes in 2024 will significantly impact businesses and individuals in the UK. Accountants play a crucial role in helping clients na...
View articleUHY Hacker Young and audit engagement partner Martin Jones face fines of more than £300,00 following Laura Ashley audit breaches. Read More...
View articleIt is hard to argue that the Taxes Management Act 1970 (TMA), wouldn’t benefit from some substantial updating. It came into force back in the mists of...
View articleMorton became Tax Director of the Office of Tax Simplification, an independent office of HM Treasury, in 2017 Read More...
View articleThe Low Income Tax Reform Group believes the government should have included tax initiatives in its plans for disabled people and employment Read More...
View articleThe Upper Tribunal has rejected an appeal from HMRC in a case relating to the taxation of termination payments made to football player employees of To...
View articleThe revised guidance sets out the circumstances under which trustees need to disclose the identities of beneficiaries to HMRC Read More...
View articleAlthough the concept of a £1,000 tax-free allowance sounds very simple, there are a number of complexities of which taxpayers and advisers need to be ...
View article