Where Form 843 Tier 2011-2023

Instructions and Help about Where Form 843 Tier

Hello my name is Simon groom and I'm director of exam training and practical guidance here at Tolly at tully we have a wide range of products to help tax and accounting professionals to do their job one of those products is our practical guidance product called Tolly guidance and what we want to do is talk to you today a little bit about the robert morgan case now with me today to discuss this is ben saunders who's I tax manager on our owner manage business model of module of Tolly guidance now what we're going to look at today is a little bit about why it's important for you and your clients and then to tell you where you can find out more information about the case and what you need to do now so then he tell us a little bit about why this case is so important well this case is important because it does question HMRC's ability to make automatic daily penalties it's a first-tier tribunal decision which means that it's not actually it doesn't set a legally binding precedent but the facts of the case will be common with with most taxpayers in the self assessment system so the finding in fact will be applicable to a lot of self assessment tax return submissions which was submitted and receive daily penalties okay so I imagine that some there's going to be a number of people out there in this situation so who who can't entity challenge these and take advantage of this decision well really it it's going to be anybody who has received daily penalties the finding of facts in it is quite fundamental primarily the case relates to self assessment tax turns for individuals but because HMRC's systems are automated we think...