NTRT lost their FTTT appeal NTRT lost their FTTT appeal
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  1. #1

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    Default NTRT lost their FTTT appeal

    From what I hear, they won the argument that the agency legislation applied and that the agency should have operated PAYE. The tribunal Judge also ruled against HMRC disapplying the PAYE rules.

    But the Judge found that they were still liable for tax by virtue of the transfer of assets abroad rules.

    An appeal seems likely.

  2. #2

    Should post faster


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    Any parties reference or published account of this available or is it too soon?

  3. #3

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    Quote Originally Posted by QCApproved View Post
    Any parties reference or published account of this available or is it too soon?
    It's only just out.

    Webberg will probably be along shortly with one of his missives.
    Last edited by stonehenge; 16th October 2020 at 15:22.

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    I doubt that I will actually.

    I think the time has come to be less free about sharing thoughts on the technical details and handing HMRC's legal team a freebie.
    Best Forum Adviser & Forum Personality of the Year 2018.

    (No, me neither).

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    Quote Originally Posted by webberg View Post
    I doubt that I will actually.

    I think the time has come to be less free about sharing thoughts on the technical details and handing HMRC's legal team a freebie.
    You could do one of your convoluted posts.
    Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.

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    Quote Originally Posted by DealorNoDeal View Post
    You could do one of your convoluted posts.
    You'll have to explain to me how I do that.
    Best Forum Adviser & Forum Personality of the Year 2018.

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  7. #7

    Respect my authoritah!

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    Quote Originally Posted by webberg View Post
    You'll have to explain to me how I do that.
    You've never needed an explanation before.
    Down with racism. Long live miscegenation!

  8. #8

    bored now

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    Any link to the actual judgement (without comment is fine)? The first tax tribunal website is broken
    merely at clientco for the entertainment

  9. #9

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    Quote Originally Posted by eek View Post
    Any link to the actual judgement (without comment is fine)? The first tax tribunal website is broken
    Lancashire & Ors v Revenue & Customs (INCOME TAX - whether the appellants are taxable on sums received under offshore partnership and trust) [2020] UKFTT 407 (TC) (13 October 2020)

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