Commentary

A4.582 Bodies of persons (including companies) and trustees—who is liable for penalties?

Administration and compliance

A4.582 Bodies of persons (including companies) and trustees—who is liable for penalties?

A4.582 Bodies of persons (including companies) and trustees—who is liable for penalties?

Introduction

The 'chamberlain' or other officer acting as treasurer, auditor or receiver for the time being of any body of persons chargeable to income tax is answerable for doing all such acts as are required to be done for the assessment and payment of the tax1 for which the body is liable. Such an officer may retain, out of funds coming into his hands on behalf of the body, so much as is sufficient to pay the income tax charged on the body, and must be indemnified for

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