TaxPersonal TaxCourt rejects zero tax appeal

Court rejects zero tax appeal

An accountant claiming to have no taxable income has lost a battle to stop the taxman investigating his affairs

Adesina Olusegun Sokoya appealed to the special commissioners against HM
Revenue & Customs’ battle to force him to reveal the details of his 2004/05
tax return.

Sokoya refused to provide further financial details following an enquiry by
HMRC, saying that the taxman had made an enquiry ‘into his lifestyle’ not his
tax affairs, but the commissioners dismissed his claim.

The taxman is investigating because his mortgage repayments considerably
exceed his stated income. The return showed income of £4,650 from employment
with Divinus Providentia Corporation Limited, which according to details found
by the taxman, trades as DPCL Accountants and operates ‘subject to guidance of
the Institute of Chartered Accountants’.

The ICAEW, ICAS and CIMA all said he was not a member of their bodies.

Related Articles

LITRG urges government to consider tax changes in disability work plan

Administration LITRG urges government to consider tax changes in disability work plan

4d Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

3w Emma Smith, Managing Editor
HMRC urged to clarify impact of income allowances on Self-Assessments

Personal Tax HMRC urged to clarify impact of income allowances on Self-Assessments

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

4m Alia Shoaib, Reporter
Italy grants first successful non-dom status application to former UK non-dom

Personal Tax Italy grants first successful non-dom status application to former UK non-dom

4m Emma Smith, Managing Editor
Industry reaction: Taylor Review does not go far enough in addressing tax issues

Legal Industry reaction: Taylor Review does not go far enough in addressing tax issues

5m Alia Shoaib, Reporter
Does the Taylor Review sufficiently address the gig economy?

Corporate Tax Does the Taylor Review sufficiently address the gig economy?

5m Alia Shoaib, Reporter