Tax traps: When HMRC changes its own guidance
Tuesday, May 29, 2012 | Posted by: Francesca Lagerberg
Categories:
Protecting your wealth
| Tags: HMRC,
CGT,
tax policy,
Gaines-Cooper,
residency,
Tax Investigations,
non-uk residence,
guidance,
Mansworth v Jelley,
enquiry,
changing rules,
capital losses,
judicial review
In some recent high-profile tax cases some individuals have been caught out by HM Revenue & Customs (HMRC) changing its mind or perhaps ‘clarifying its view’. With ongoing uncertainty over the Mansworth v Jelley case guidance, it begs the question: how much can you rely on what HMRC says in its guidance?
