Chatterton v Revenue and Customs: FTTTx 1 Feb 2010

FTTTx CONSTRUCTION INDUSTRY SCHEME – Appellant suffered a debt of andpound;200,000 in 2003 – failed compliance test Finance Act 2004 Schedule 11 paragraph 12 for periods 19/07/07 to 18/07/08 – bad debt and potential closure of business not reasonable excuses – appeal dismissed

Citations:

[2010] UKFTT 147 (TC)

Links:

Bailii

Statutes:

Finance Act 2004 Sch 11.12

Jurisdiction:

England and Wales

Income Tax, Construction

Updated: 23 August 2022; Ref: scu.422161