Upper Tribunal rules on taxpayer liability for fixed penalty – OUT-LAW.com
‘A recent UK Upper Tribunal decision highlights that as soon as there has been a failure to comply with an information notice, a taxpayer is automatically liable for a fixed penalty, even if the failure is short-lived, and HMRC can move straight to applying for a tax-related penalty, an expert has said.’
OUT-LAW.com, 11th June 2024
Source: www.pinsentmasons.com