PracticeConsultingCouples tax legal battle confirmed

Couples tax legal battle confirmed

The Inland Revenue will be dragged in front of special commissioners by a small business owner who was handed a £42,000 retrospective bill under the controversial husband and wife tax, Section 660A.

Link: Legal battle looms over couples tax

Geoff Jones, who runs a small IT consulting business, Arctic Systems, will take the case in front of the courts in the new year, and will be supported by the Professional Contractors Group. The case could have huge implications for thousands of similar businesses.

‘We’re fighting this investigation, not only for ourselves, but because otherwise countless other family businesses will face being ruined,’ said Jones. ‘It’s high time it was concluded in favour of people’s choice to thrive and manage their business affairs efficiently.’

Accountancy Age revealed in September that the case would result in a court battle, with Arctic Systems being the test case. At the time, Dennis Mansbridge of Qdos Consulting, one of the main tax advisers to the PCG, said: ‘We have had counsel opinion. The Revenue seems to have a very blinkered approach,’ before going on to say that he felt Jones’ chances ‘were very good’.

PCG chairman Simon Griffiths said: ‘We feel that the Inland Revenue is wrong both morally and in law to seek to apply the settlements legislation in the way that it is attempting to in this case.’

A date for the hearing will be set early in the new year.

Related Articles

5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

5m Alia Shoaib, Reporter
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Managing partner Q&A - the year ahead: Richard Toone, CVR Global

Accounting Firms Managing partner Q&A - the year ahead: Richard Toone, CVR Global

12m Kevin Reed, Writer
Deloitte 'self-imposes exile' on government contracts to defuse PM row

Accounting Firms Deloitte 'self-imposes exile' on government contracts to defuse PM row

12m Kevin Reed, Writer
Managing partner Q&A - the year ahead: Julie Adams, Menzies

Accounting Firms Managing partner Q&A - the year ahead: Julie Adams, Menzies

12m Kevin Reed, Writer
Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

Business Regulation Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

1y Kevin Reed, Writer
Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

Audit Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

1y Kevin Reed, Writer
New head of equity capital markets for KPMG

Accounting Firms New head of equity capital markets for KPMG

1y Stephanie Wix, Writer