fTTTx INCOME TAX – Penalty – Schedule 24 Finance Act 2007 – careless inaccuracy – prompted disclosure – whether inaccuracy careless – whether suspension of penalty appropriate – whether ‘special circumstances’ – interpretation of ‘special circumstances’ – whether HMRC’s decision flawed because of failure to a) consider whether there were special circumstances until after penalty determination made or b) give reasons for refusing to exercise its discretion regarding special circumstances – appeal allowed in part
Citations:
[2012] UKFTT 364 (TC)
Links:
Income Tax
Updated: 03 November 2022; Ref: scu.462827
