INCOME TAX AND CAPITAL GAINS TAX – disposal of property – failure to disclose capital gain or rental income – discovery assessment and penalties – discovery assessment reduced for expenditure – penalties reduced in consequence – penalties further reduced because HMRC used incorrect minimum penalties in carrying out calculations – appeal allowed in part
Citations:
[2022] UKFTT 200 (TC)
Links:
Jurisdiction:
England and Wales
Capital Gains Tax, Income Tax
Updated: 04 August 2022; Ref: scu.679651
