HMRC could be in line to take up to £200m of backdated tax after a High Court
ruling gave the green light to anti-avoidance legislation.
IT consultant Robert Huitson had brought a test case against the
retrospective nature of anti-avoidance rules in the 2008 Finance Act, but
Justice Kenneth Parker ruled the backdating on tax demands did not breach human
The fact that the Government had not carried out an assessment “of how
individual taxpayers might be affected financially” could not affect the
proportionality of the retrospective legislation, reported the Telegraph.
The ruling could affect up to 3,000 people.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy