Merrie v Revenue and Customs: FTTTx 11 Sep 2017

Income Tax/Corporation Tax : Penalty – Penalty Income tax – FA 2007 Sch 24 – inaccuracy in tax return – Capital Gain not disclosed – whether inaccuracy was careless and prompted – yes – Sch 24 para 14 – whether penalty should have been suspended – no – Appeal dismissed

Citations:

[2017] UKFTT 684 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Income Tax

Updated: 01 April 2022; Ref: scu.598981