Buy to let landlords could be forced to pay capital gains tax within 30 days of sale
www.which.co.uk/news/2018/08/buy-to-let-landlords-face-30-day-deadline-to-pay-capital-gains-tax/
www.which.co.uk/news/2018/08/buy-to-let-landlords-face-30-day-deadline-to-pay-capital-gains-tax/
In Shaw v HMRC [2018] UKFTT 0381 (TC), the First-tier Tribunal (FTT) has cancelled late filing penalties because HMRC had not satisfied the statutory requirements of section 8(1), Taxes Management Act 1970 (TMA) as a notice to file had not been validly served on the appellant. — Read on www.rpc.co.uk/perspectives/tax-take/shaw-tribunal-cancels-penalties/