Tom Craggs Ltd v Revenue and Customs: FTTTx 11 Jan 2013

FTTTx INCOME TAX – Penalty – late payment of PAYE and NICs – FA 2009, Schedule 56 – Whether an insufficiency of funds was a reasonable excuse for late payment – no – whether lack of specific warning a reasonable excuse – no – whether any special circumstances existed – no – whether the penalty was disproportionate – no – appeal dismissed

Citations:

[2013] UKFTT 51 (TC)

Links:

Bailii

Income Tax

Updated: 14 November 2022; Ref: scu.472318