Flat rate penalty – return of land transactions – computer system error: ‘ the flat-rate penalty for the late filing of the SDLT1 of andpound;100 for each transaction was correctly imposed and that there was no reasonable excuse for the late filing. There was no exceptional event beyond the Appellants’ control which prevented the SDLT1 from being delivered by the . . latest date by which the return could be filed without incurring a late filing penalty.’
[2011] UKFTT 236 (TC)
Bailii
Finance Act 2003 76
England and Wales
Stamp Duty
Updated: 02 November 2021; Ref: scu.442992