by Tony Davey | Dec 10, 2016 | Davey's Locker
Understatement penalties—Part 2 Bona fide inadvertent error As stated in 164 tsh 2016, s222(1) of the Tax Administration Act refers to the imposition of an understatement penalty, unless the understatement results from ‘a bona fide inadvertent error’. It follows that...
