appeal against the penalty imposed for the late payment of PAYE- Schedule 56 Finance Act 2009-whether insufficiency of funds was a reasonable excuse for the late payment – no- specifically excluded by paragraph 16 of Schedule 56 – whether the penalty disproportionate – no it was as laid down by the legislation – appeal dismissed
[2012] UKFTT 684 (TC)
Bailii
England and Wales
Income Tax
Updated: 18 January 2022; Ref: scu.466247
