‘Reasonable care’ v ‘reasonable excuse’

The defence of ‘reasonable care’ applies to certain penalties, e.g. the penalty for errors in FA 2007, Sch. 24, para. 1 and 1A (FA 2007, Sch. 24, para. 3).

The ‘reasonable excuse’ defence applies to certain penalties, such as:

(1)the late notification of:

(a)a liability to register and a material change in the nature of supplies made by person exempted from registration (VATA 1994, Sch. 1, para. 5, 6, 7 and 14(2) and (3));

(b)an obligation to notify liability to register (VATA 1994, Sch. 2, para. 3);

Want to read more?

This content requires a Croner-i Tax and Accounting subscription.

No subscription?

Contact us to discuss your requirements.