Stratton v Revenue and Customs: FTTTx 15 Oct 2013

FTTTx INCOME TAX – section 424 Income Tax (Earnings and Pensions) Act 2003 – whether gain chargeable to income tax as employment income – whether shares disposed of by Appellant were conditional shares – yes – penalty under section 95(1)(a) Taxes Management Act 1970 – whether Appellant negligently delivered a tax return – yes – whether penalty under section 97AA(1)(b) Taxes Management Act 1970 for failure to produce documents – no reasonable excuse – appeals dismissed

[2012] UKFTT 578 (TC)
Bailii
England and Wales

Income Tax, Taxes Management

Updated: 26 November 2021; Ref: scu.517740