|
Notes:
|
VAT – Penalties – Whether director of liquidated company liable to penalties
under s 61 Value Added Tax Act 1994 and schedule 24 Finance Act 2007 – Yes –
Whether conduct giving rise to penalty attributable to dishonesty – Yes –
Whether assessment of penalties made to “best judgment” – No – Penalties
reduced accordingly – Whether omissions in VAT returns “deliberate and
concealed” – Yes – Whether disclosure “prompted” – Yes – Appeal dismissed |
