Preece wins £100 penalty tribunal
A man who lost his job has won a four-year battle to overturn a £100 penalty for the late submission of a Self Assessment tax return. Nick Huber reports.
Derek Allen, director of taxation at the Institute of Chartered Accountants of Scotland, wrote in a blog that HMRC should “hang its head in shame” over a dispute which showed the taxman’s capacity for “maladministration and lack of judgment.”
The first-tier tribunal case (David Preece and the commissioners for HMRC, TC01887) focused on whether a £100 penalty for a late Self Assessment return could be collected.