Tax Penalties: A Practitioner's Guide

This new work is a practical guide for tax advisers and practitioners dealing with clients who face penalties imposed by the HMRC, under both the new penalty regime and surviving elements of the old system.

It provides a complete guide to case work in this area, analysing key concepts, explaining legislation and case law, advising on procedure and grounding its commentary in practical tools.

• Explains the new penalty structure and how it applies to current taxes
• Discusses the scenarios where penalties can be imposed, what the penalties comprise and how they are calculated
• Highlights which elements of the previous penalty regime still exist
• Looks at the international dimension and other special situations
• Goes through the procedural process, including the negotiation stage before HMRC issue a formal penalty notice
• Shows how to challenge an actual or contemplated penalty
• Analyses the key concepts, such as “reasonable care”, “reasonable excuse” and “special reasons”
• Offers sample Grounds of Appeal and Statement of Case to assist practitioners appealing against penalties
• Includes a quick reference table of the new penalties, the basis of their calculation and available defences
• Features flowcharts to clarify procedures and the stages involved in calculating liability and quantum
• Sets out sample calculations for each of the main penalties