The FT reports that Bernie Ecclestone, the Formula One chief executive, is fighting a tax bill of more than £1bn, after Revenue & Customs reopened a long-running dispute over a family trust.
The judge ruled that a judicial review to decide whether HMRC had breached its guidance should only be considered after the commercial court decides whether HMRC’s withdrawal from its 2008 agreement was legal.
Tax does have to be taxing.
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SEVEN YEARS then HMRC want to start chasing poor old Bernie.........Fuck off HMRC too little too late.
ReplyDeleteHMRC, you really are funny !!!