John Flood highlights the recent penalty co-decision of Morgan v HMRC and Donaldson v HMRC  UKFTT 317 which has important implications for practitioners regarding schedule 55 requirements.
On 22 May 2013 the decision in this case involved schedule 55 of the Finance Act 2009.
Schedule 55 imposes penalties for failure to render a return. If a deadline is not met then a fixed penalty of...
About John Flood
John Flood is a retired barrister and ex-employee of HMRC. He is a co-author with George Rowell (Exchange Chambers, Manchester) of the new book, Tax Penalties: A Practitioners Guide (Sweet & Maxwell Thomson Reuters).