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White v Revenue and Customs: FTTTx 1 Jun 2012

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:

Bailii

Income Tax

Updated: 03 November 2022; Ref: scu.462827

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