References: [2013] UKUT 575 (TCC)
Links: Bailii
UTTC INCOME TAX – penalty for careless inaccuracy within a self assessment return leading to understatement of liability to tax – appellant in receipt of compensation payment exceeding £30,000 on termination of employment – appellant failed to include payment in tax return – compensation sum subsequently taxed and penalty levied – appeal against penalty – FTT held that appellant had been careless and penalty affirmed – FTT decision upheld and appellant’s appeal dismissed’
