Income tax – Schedule 55 Finance Act 2009 – fixed and daily penalties for late filing of self-assessment return – income received from car park investment scheme – Appellant resident in Malaysia – unaware of need to file return – informed by scheme promoter that income not taxable because within UK annual personal allowance – whether reasonable excuse – yes – appeal allowed
Citations:
[2020] UKFTT 467 (TC)
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 29 May 2022; Ref: scu.656846
