INCOME TAX - penalty for careless inaccuracy within a self assessment
return leading to understatement of liability to tax - appellant in receipt of
compensation payment exceeding £30,000 on termination of employment -
appellant failed to include payment in tax return - compensation sum
subsequently taxed and penalty levied - appeal against penalty - FTT held
that appellant had been careless and penalty affirmed - FTT decision upheld
and appellant’s appeal dismissed.