The FTT has allowed taxpayer’s post-cessation trade relief claim as HMRC’s enquiry was out of time. Alexis Armitage explains all.
In Anthony Dennison v HMRC [2024] TC09153, the First-tier Tribunal (FTT) allowed the taxpayer’s claim for post-cessation trade relief under section 96, Income Tax Act 2007 (ITA), because HMRC’s notice of enquiry was out of time and its closure notice was accordingly invalid.
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