Tax penalties: direct tax: culpable penalties | Practical Law

Tax penalties: direct tax: culpable penalties | Practical Law

A note on the direct tax penalty regimes that apply to errors and inaccuracies in documents submitted to HMRC, failure to notify under-assessments and failure to notify chargeability in the context of income tax, CGT and corporation tax. This note discusses culpable penalties in the context of domestic non-compliance. This is one of a series of notes on tax penalties.

Tax penalties: direct tax: culpable penalties

Practical Law UK Practice Note 9-384-0189 (Approx. 40 pages)

Tax penalties: direct tax: culpable penalties

by Steven Porter, Pinsent Masons LLP
MaintainedUnited Kingdom
A note on the direct tax penalty regimes that apply to errors and inaccuracies in documents submitted to HMRC, failure to notify under-assessments and failure to notify chargeability in the context of income tax, CGT and corporation tax. This note discusses culpable penalties in the context of domestic non-compliance. This is one of a series of notes on tax penalties.