09 October 2000
If an Inspector accepts the accuracy of a client's self-employed accounts and records and the only other known source of income is a modest salary from employment, is he able to tax what he alleges are unidentified deposits to building society accounts? The client asserts these are from cash savings acquired over a period of time as a result of her frugal lifestyle.
(Query T15,702) Michelle.
If an Inspector accepts the accuracy of a client's self-employed accounts and records and the only other known source of income is a modest salary from employment, is he able to tax what he alleges are unidentified deposits to building society accounts? The client asserts these are from cash savings acquired over a period of time as a result of her frugal lifestyle.(Query T15,702) Michelle.
(Query T15,702) Michelle.
