Corporation Tax – Flat-rate and tax-geared penalties for late submission of company tax returns under Schedule 18 Finance Act 1998 – whether tax return incomplete – whether Director’s report under Companies Act 1985 and Companies Act 2006 required in order for return to be complete- yes -whether company had reasonable excuse for late submission of returns -no – relevance of previous concession given by HMRC considered – whether error in HMRC witness statement in county court collection proceedings effected withdrawal of penalty- no- whether encashment by HMRC of cheques sent in by appellant settled appeals – no – appeals dismissed
Citations:
[2012] UKFTT 609 (TC)
Links:
Jurisdiction:
England and Wales
Corporation Tax
Updated: 09 February 2022; Ref: scu.466210
