INCOME TAX – HIGH INCOME CHILD BENEFIT CHARGE (HICBC) — taxpayer with liability did not complete tax returns – Discovery assessments under s29(1)(a) TMA 1970 – ‘income’ assessable to income tax? – purposive construction applied to statute – no reasonable excuse found exonerating taxpayer’s delay – appeal against penalties dismissed
Citations:
[2020] UKFTT 394 (TC)
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 27 March 2022; Ref: scu.655334