14 December 2015

UT Decision: HMRC v Smith & Williamson Corporate Services Limited & Patrick Smiley

Income Tax and NICs- whether monies paid by first respondent to second respondent (and others) in respect of the benefit of client connections was income “from” employment and thus liable to income tax NICs- yes -appeal allowed.
Elizabeth Wilson instructed by the General Counsel and Solicitor to HM Revenue & Customs, for the Appellants.
James Rivett instructed by Atcha Associates Ltd, for the Respondent.
To see the approved Decision click here.