FTTTx VAT default surcharge – payment received by HMRC four days late – instructions for electronic transfer of funds not given to bank until shortly after ‘cut off time’- extended date for electronic payment shortened due to bank holiday – whether in the circumstances a penalty of andpound;9,341.45 was unfair and disproportionate – no – whether reasonable excuse – no – Appeal dismissed
Citations:
[2013] UKFTT 625 (TC)
Links:
Jurisdiction:
England and Wales
VAT
Updated: 19 July 2022; Ref: scu.517733