17 April 2015
Tager v Revenue and Customs Commissioners [2015] UKUT 40 (TCC), [2015] All ER (D) 249 (Mar)
The Upper Tribunal (Tax and Chancery Chamber) allowed the applications by the Revenue and Customs Commissioners pursuant to para 50 of Sch 36 to the Finance Act 2008 for imposition of a penalty on a taxpayer for failure to comply with information notices issued by the Revenue. The tribunal decided that the penalty under that provision would be nearly 100% of the income tax due and 100% of the inheritance tax due.
