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LATE PAYMENT SURCHARGE - M E ENGLAND DISCRETIONARY WILL TRUST [2010] UK FTT 188

JULY 23RD 2010 | 01:01 TAGS: TAX

Should a lay trustee whose co-trustee was the Executor and Trust Company of a solicitor’s firm be entitled to argue that he had a reasonable excuse for the late payment of capital gains tax (CGT) on a share sale because HMRC had not drawn the payment on account feature to his attention?

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