Bespoke Tax Accountants

Specialist tax advice, accountancy and tax returns

01242 505970
info@bespoketax.com

  • Home
  • About Us
    • Meet The Team
    • Careers
    • Statutory Information
    • Privacy Policy
  • Who We Help
    • Personal and Family
    • Business
    • Our Clients
  • News
    • Making Tax Digital
  • Giving Back
  • Contact
  • Cloud Accounting
    • Xero

Telephone advice a reasonable excuse

13th September 2018 By bespoketax

Telephone advice a reasonable excuse

The First-tier Tribunal (FTT) recently heard an appeal against late filing penalties imposed on both partnership and individual self-assessment returns for 2010-11 and 2011-12. There were also appeals made in respect of the years 2005-6 to 2009-10 but the FTT noted these were made outside the statutory time limits and accordingly, the Appellants applied for leave to appeal out of time.

This appeal was made by G E & J Hayhurst Partnership and also the individuals partners Graham, Judith and James Hayhurst. The partners traded together in a farming partnership, at Brunstow Farm, Ellel, Lancaster, Lancashire, their business being dairy farming and more recently animal and livestock farming.

The taxpayers in this case had failed to realise that penalties can be due for late submission of returns even if no tax is due. The taxpayers accepted that their accounts were neglected as the farming partnership earned little or no profit. In fact, one of the taxpayers had spoken directly to HMRC about the penalties a number of times and received unclear guidance. The FTT was happy to accept that once the taxpayers realised there was an issue they had sought to do everything they could to remedy matters including seeking telephone advice, collating and providing accounts and information to the new accountants they had appointed.

Unusually, the FTT accepted that the taxpayers in this case had shown a reasonable excuse for the late filing of their 2010-11 and 2011-12 individual and partnership returns. The appeal was allowed and the late filing penalties for 2011-12 and 2011- 25 12 were discharged.

Filed Under: Income Tax

Recent News

  • Tax Diary March/April 2021
  • Outcome of the Uber case
  • VAT Agricultural Flat Rate Scheme
  • Government to publish range of tax consultations

News Categories

  • Budget Summary
  • Business
  • Capital allowances
  • Capital Gains Tax
  • Construction Industry Scheme
  • Corporate Governance & Regulation
  • Corporation Tax
  • Duties
  • Employee Benefits
  • Employment & Payroll
  • Employment Law
  • Family Tax Credits
  • General
  • HMRC notices
  • Income Tax
  • Inheritance Tax
  • National Insurance
  • NIC & Pensions
  • Overseas personal tax issues
  • Overseas tax issues
  • Payroll
  • Pension
  • Personal
  • Practice News
  • Stamp Duty Land Tax
  • Tax credits
  • Tax Diary
  • Value Added Tax

About Us

Bespoke has a reputation for helping our clients make the most of their financial situations and in turn we have become a trusted extension of their business or family.

Bespoke assist with compliance requirements, providing specialist tax advice, and planning for now and the future.

Keep informed.
Sign up for our Topical Newsletter

Our FREE monthly newsletter will keep you up to date with the latest news related to the world of accountancy.

Register Here

Contact

Delta Place,
27 Bath Road, Cheltenham,
Gloucestershire, GL53 7TH
01242 505970
info@bespoketax.com

ICAEW Chartered AccountantsXERO Gold PartnerChartered Institute of TaxationMember of EISA

Copyright © 2021 · Bespoke Tax Accountants · Website by Culpepper & Co

.
This site uses cookies: Find out more.