Ali v Revenue and Customs (Corporation Tax, Value Added Tax – Penalties): FTTTx 21 May 2020

CORPORATION TAX, VALUE ADDED TAX – penalties – inaccuracies in tax returns – cash sales largely not recorded – were inaccuracies deliberate on the second and third appellants’ parts? – yes – were they attributable to the first appellant? – yes – did the penalty percentages reflect the quality of disclosure? – yes – was it right to reduce the penalties because of special circumstances affecting family of first appellant? – yes – did the Tribunal have the power to do so? – yes – appeal allowed in part

Citations:

[2020] UKFTT 233 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Corporation Tax

Updated: 06 February 2022; Ref: scu.652259