Income tax – underpayment of PAYE over four years – self-assessment returns issued – surcharges for late payment of tax – whether reasonable excuse throughout the period of default – what is the period of default – whether reasonable to believe that tax was being correctly deducted – yes- whether taxpayer reasonably believed HMRC had agreed a time to pay arrangement – yes – surcharges set aside and appeal allowed.
[2011] UKFTT 415 (TC)
Bailii
England and Wales
Income Tax
Updated: 14 November 2021; Ref: scu.443086