David Cation v Revenue & Customs (INCOME TAX and PENALTIES - self-assessment return) [2021] UKFTT 311 (TC)
Notes: INCOME TAX and PENALTIES - self-assessment return - enquiry and closure notice - s 34 of ITTOIA 2005 - deductibility of payments to father - lack of business records as required by s 12B TMA - taxpayer-™s object in incurring expenditure - whether -˜wholly and exclusively-™ for the purpose of trade - Schedule 41 FA 2008 and Schedule 24 FA 2007 - failure to notify liability and inaccuracy - interaction of penalties - whether deliberate - appeal dismissed
Cited in 1 later judgment