VAT – appeal against HMRC’s refusal to apply the Flat Rate Scheme retrospectively -the appellant claimed that there were exceptional circumstances for the late application- appeal dismissed- the purpose of the scheme was to simplify the accounting for VAT by small businesses but three VAT returns had already been submitted by the appellant before the application for admission to the scheme was received
[2012] UKFTT 287 (TC)
Bailii
England and Wales
VAT
Updated: 09 November 2021; Ref: scu.462687