Avoidance scheme users fail to challenge follower notices
http://financeandtax.decisions.tribu...29/TC05860.pdf
Taxpayers who used the tax avoidance scheme known as Working Wheels challenged the follower notices which demand they should pay the tax avoided.
If the taxpayer does not take corrective action to change his tax return he can be issued with a penalty. The taxpayer can’t appeal against the imposition of a follower notice, but he can challenge whether the notice has been issued correctly, and hence whether the penalty is due. This case (TC05860) concerning penalties for a failure to take corrective action following the issue of follower notices relating to “Working Wheels”.
See AccountingWeb for Full Article :
Avoidance scheme users fail to challenge follower notices | AccountingWEB
http://financeandtax.decisions.tribu...29/TC05860.pdf
Taxpayers who used the tax avoidance scheme known as Working Wheels challenged the follower notices which demand they should pay the tax avoided.
If the taxpayer does not take corrective action to change his tax return he can be issued with a penalty. The taxpayer can’t appeal against the imposition of a follower notice, but he can challenge whether the notice has been issued correctly, and hence whether the penalty is due. This case (TC05860) concerning penalties for a failure to take corrective action following the issue of follower notices relating to “Working Wheels”.
See AccountingWeb for Full Article :
Avoidance scheme users fail to challenge follower notices | AccountingWEB
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