Advantage Business Finance Ltd v Revenue and Customs: FTTTx 9 Jan 2019

(Income Tax/Corporation Tax : Penalty) PENALTIES – late filing of ATED return – Schedule 55 to FA 2009 – whether retrospective notices meet the requirement under para 4(1)(c) for the daily penalties to be imposable – whether para 17(3) capping provision applies – whether the 6-month late filing penalty ‘fixed’ or ‘tax-geared’ – whether reasonable excuse or special circumstances – proportionality – appeal allowed in part

[2019] UKFTT 30 (TC)
Bailii
England and Wales

Income Tax

Updated: 06 December 2021; Ref: scu.632686