INCOME TAX – High income child benefit charge (‘HICBC’) – discovery assessment under s 29 of TMA – penalty for failure to notify liability – Schedule 41 to Finance Act 2008 – case A and case B definition for reduction for disclosure – whether reasonable excuse for being unaware of the change in legislation – whether special reductions – the matter of interest charge – appeal allowed in part
[2018] UKFTT 689 (TC)
Bailii
England and Wales
Income Tax
Updated: 20 January 2022; Ref: scu.632398