A leading barrister has again lost his tax appeal against penalties.
Timothy Raggatt QC appealed against penalties of £9,795 and £3,640 for late payment of income tax.
He claimed exceptional circumstances for the years 2012 to 2014, mainly the government’s cuts to criminal legal aid which led to cashflow problems for him.
Raggatt argued that he had a reasonable expectation that his income would continue at the same level, allowing him to pay his tax.
The upper tribunal found that he had failed to exercise reasonable foresight with regard to his tax affairs.
The case report can be downloaded from here.
Timothy Raggatt QC. [2018] UKUT 0412 [19.01]