[2015] UKFTT 0195 (TC)

Judge Aleksander, Kamal Hossain FCA FCIB

Decision released 30 April 2015

Income tax – Enquiry into self-assessment – Understatement of income – Best judgment – Presumption of continuity – Closure notices and discovery assessments – Penalties for carelessness – Taxes Management Act 1970 (‘TMA 1970’), s. 9A and 95 and Finance Act 2007 (‘FA 2007’), Sch. 24.

  

  

  J Forkes appeared for the Appellant

  M Chapman, an officer of HM Revenue and Customs, appeared for the Respondents

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.