Sect 102 TMA 1970

A client who has been late with tax return submissions and operates under CIS, involves the repayment of tax.

 

Lateness of returns has lost any repayments over 4 years old (approx £1800) and late returns have suffered penalties.

 

My question is by accepting the penalties (which have been correctly applied) can I use the above sect of the act to ask HMRC to mitigate. Criterea appears to be financial hardship and disproportionality of penalties. Given he's a net recipient of tax the penalties are disproportionate and his recorded income over the last 4 years is approx £7.5k per annum - that appears to be low level of earnings.

 

If this can be done what is the approach

 

 

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S98 or S55 penalties?

glynisbm |
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