He Overpaid the Taxman by Gbp 846,000. Did He Get It Back? What Do You Think?
The Scotsman › February 02, 2007
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Summary
"TAX doesn't have to be taxing," according to the Inland Revenue. But the former Matalan boss Angus Monro was left severely vexed by it yesterday when he was told he would not be getting back the GBP 846,000 he overpaid the taxman.
Chancellor Sir Andrew Morritt ruled at the High Court in London that, while he had "considerable sympathy" for Mr Monro, as the law stood, he had no hope of reclaiming the money because it was well past the one-year time limit for amending payments.See the full content of this document
Extract
He Overpaid the Taxman by Gbp 846,000. Did He Get It Back? What Do You Think?
Sir Andrew, who admitted that "for the taxpayer, it is not right", refused permission for the case to go the Court of Appeal because he said there was no hope of success.
In his ruling, he said: "It is my function to appl...See the full content of this document
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