Whispering Smith Ltd v Revenue and Customs (Follower Notice Penalties – Incentive Scheme Implemented By Appellant): FTTTx 23 May 2022

FOLLOWER NOTICE PENALTIES – incentive scheme implemented by Appellant – whether decision of Supreme Court in UBS was a relevant judicial ruling, whether reasonable in all the circumstances not to take the necessary corrective action – level of mitigation – appeal against the imposition of the penalties dismissed – appeal against quantum allowed in part

Citations:

[2022] UKFTT 165 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Taxes Management

Updated: 14 June 2022; Ref: scu.678136