FTTTx Penalties for late payment of PAYE and NIC – schedule 56 Finance Act 2009 – twelve late payments – penalties levied at 4% for more than ten late payment failures- Appellant unaware of progressive nature of penalty regime – cash flow and administrative problems – reasonable excuse – no – appeal dismissed.
Citations:
[2012] UKFTT 142 (TC)
Links:
Jurisdiction:
England and Wales
Taxes – Other, Income Tax
Updated: 05 October 2022; Ref: scu.451948