Testa case: To suspend, or not suspend?
The recent Testa tribunal decision provides a useful argument to secure a penalty suspension. John Flood explains why accountants should be thanking Mr Testa.
Penalties for careless conduct may be suspended, as per FA 2007 Sch.24 para.14. The law, however, provides that HMRC may suspend all or part of a penalty only if compliance with a condition of suspension would help to avoid a person becoming liable to further such penalties.