FTTTx Company Tax – Penalties for late returns (Finance Act 1998, Sch 18, para 17) – Reasonable excuse (Taxes Management Act 1970, s.118(2)) – Returns submitted within deadline but rejected by HMRC as accounts were not signed – Burden on HMRC to establish that returns were filed late and therefore to establish in this case that the Appellant was required to submit signed accounts – Appeal allowed
Citations:
[2011] UKFTT 186 (TC)
Links:
Statutes:
Taxes Management Act 1970, 118(2)
Taxes Management
Updated: 17 September 2022; Ref: scu.442852