NO REASONABLE EXCUSE FOR LATE PENSION ADVICE IN RADLEY

摘要

In Radley & Anor v Revenue and [2016] UKFTT 688, Carl Radley and Andrew Gibbs appealed against HMRC's refusal to consider information provided by them in a late notification for enhanced protection of their pensions against the lifetime allowance charge. The notification, had it been accepted, would have allowed the appellants to avoid the lifetime allowance charge under Finance Act 2004 (FA 2004), Sch 26, para 12.