Where Form 843 Tier 2024-2025

Hello, my name is Simon Groom and I'm the director of exam training and practical guidance here at Tolly. At Tolly, we have a wide range of products to help tax and accounting professionals do their job. One of those products is our practical guidance called Tolly guidance. Today, I want to talk to you about the Robert Morgan case. I have Ben Saunders, the Tax Manager and owner of the Tolly guidance module, here with me to discuss this case. The Robert Morgan case is important because it questions HMRC's ability to impose automatic daily penalties. It is a first-tier tribunal decision, which means it doesn't set a legally binding precedent, but the facts of the case will be common with most taxpayers in the self-assessment system. The finding will be applicable to many self-assessment tax return submissions that have received daily penalties. Anyone who has received daily penalties can challenge and take advantage of this decision. The case primarily relates to self-assessment tax returns for individuals, but it may also be applicable to partnership tax returns, trust tax returns, income tax returns, stamp duty land tax returns, and inheritance tax returns, depending on the facts of the case. It should be available to any taxpayer who has received daily penalties, whether within the 30-day time limit to appeal or not. If you're outside that time limit, it is possible to appeal based on a reasonable excuse or if the facts weren't available or HMRC failed to issue the notice correctly. Yes, these are the £10 daily penalties that have recently been introduced. The original challenge came in relation not only to the daily penalties but also the £100 late filing penalty. The case was brought on a technicality, where it was found that HMRC failed to issue a notice in advance...