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Trust Management: Extra time and possible penalties?
The current state of play with HMRC v Murray Group Holdings has lessons for lax trustees. Catharine Bell and Nicole Aubin-Parvu provide an update ‘HMRC argued that where an employee was given practical access to or control of monies it mattered not that he did not have absolute legal title to them.’The unsuccessful appeal by …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Aberdeen Asset Management Plc v HMRC [2010] UKFTT 524
- DTE Financial Services Ltd v HM Inspector Of Taxes [2001] EWCA Civ 455
- Edwards v Bairstow [1955] UKHL 3
- HM Inspector of Taxes v Dextra Accessories Ltd [2005] UKHL 47
- HMRC v Mayes [2011] EWCA Civ 407
- HMRC v Murray Group Holdings & ors [2014] UKUT 0292
- Murray Group Holdings v HMRC [2012] UKFTT 692; WTLR(w) 2013-02
- Sempra Metals Ltd v HMRC [2008] STC (SCD) 1062; [2007] UKHL 34
- WT Ramsay Ltd v Inland Revenue Commissioners [1981] UKHL 1