The Resource Bad company

Bad company

Label
Bad company
Title
Bad company
Creator
Subject
Language
eng
Summary
Companies have three primary obligations to the UK tax authorities concerning their tax affairs. These are 1) the obligation to notify chargeability to corporation tax, 2) delivering the corporation tax return on time, and 3) ensuring that the return and accountancy records integral to the returns filed are accurate and complete. There are three principal charges available to penalize non-compliance with these obligations. This article concentrates on the third obligation and looks at how the new penalty regime introduced in FA 2007, Sch 24 affects companies filing corporation tax returns after April 2009, including potential lost revenue, incorrect tax returns, concept of reasonable care, large companies, importance of maintaining complete records, late filing penalties, measures to mitigate penalties, and third parties
Citation source
In: Taxation. - Sutton. - Vol. 168 (2011),
http://library.link/vocab/creatorName
Kitt, M
Geographic coverage
  • European Union
  • Europe
Language note
English
http://library.link/vocab/subjectName
  • corporate income tax
  • penalties
Label
Bad company
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
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