INCOME TAX – penalties for careless inaccuracies – failure by taxpayer to include various items of income in tax return – whether careless – yes in part – whether special circumstances – yes – whether decision of HMRC flawed – yes – whether appropriate to suspend penalties – no – allow appeal in part – reduce penalty to take account of special circumstances – Schedule 24, Finance Act 2007
Citations:
[2012] UKFTT 333 (TC)
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 10 June 2022; Ref: scu.462761