Friel v Revenue and Customs (Capital Gains Tax : Late Payment Penalties): FTTTx 11 Feb 2019

CAPITAL GAINS TAX – late payment penalties – Schedule 56 to FA 2009 – whether s 280 TCGA on ‘Consideration payable by instalments’ applies – whether Tribunal has jurisdiction over HMRC’s decision – whether delays in replying to application for s 280 TCGA treatment gave rise to a reasonable excuse at each penalty date – whether reasonable care taken in reliance on a third party – whether special circumstances – appeal dismissed

Citations:

[2019] UKFTT 91 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Capital Gains Tax

Updated: 01 November 2022; Ref: scu.635697