Jack submitted his 2 0 2 1 / 2 2 tax return on 1 December 2 0
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Question:
Jack submitted his tax return on December
He deliberately omitted to include a new source of income rental income of as he did not think that HMRC would find out about the income.
Jack is a higher rate taxpayer. HMRC inquires into Jack's return and in reply Jack makes a disclosure of the rental income.
Which one of the following is the minimum penalty that could be charged by HMRC on Jack for his error?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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