Income tax – Notice issued under Sch 36 FA 2008 – whether taxpayer’s private bank statements were ‘statutory records’ – on the facts, yes – appeal against that part of the Notice struck out – whether other information in the Notice ‘reasonably required’ for the purposes of checking the taxpayer’s tax position – yes – appeal against that part of the Notice dismissed – fixed and daily penalties for non-compliance with the Sch 36 Notice – whether taxpayer had a reasonable excuse for non-compliance – no – appeal against penalties dismissed and penalties confirmed.
Citations:
[2012] UKFTT 181 (TC)
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 26 March 2022; Ref: scu.462596