Income Tax - Reasonable Excuse Flashcards
1
Q
What can a reasonable excuse do?
A
Reduce the penalty of a non-deliberate failure to £Nil
2
Q
What is a reasonable excuse?
A
An issue that prevents a taxpayer from meeting an obligation despite having taken reasonable care to comply
3
Q
What are the first four reasonable excuses?
A
- death of close relative shortly before due date
- unexpected stay in hospital
- serious life-threatening illness
- delays relating to disability
4
Q
What are the other three reasonable excuses?
A
- computer or software failure when preparing an online return
- service issues with HMRC’s online service
- fire, flood, theft and postal delays
5
Q
What is not a reasonable excuse?
A
A lack of funds to pay the tax
