VDT VAT Default surcharge – VAT paid late by CHAPS but return received within 7 days at end of month – regulation 25(4L) VAT Regulations 1995 – no default in respect of return – reasonable excuse for late payment of VAT – taxpayer acting reasonably in confidently expecting a large payment – payment not received on time – appeal allowed.
Citations:
[2006] UKVAT V19432
Links:
Jurisdiction:
England and Wales
VAT
Updated: 05 July 2022; Ref: scu.238964
