VALUE ADDED TAX – Default surcharge – Payment received just two days late – HMRC’s inability to accept faster payments – Whether reasonable excuse – No – Whether 15% scale charge disproportionate – No – Appeal dismissed.
Citations:
[2011] UKFTT 523 (TC)
Links:
Jurisdiction:
England and Wales
VAT
Updated: 23 June 2022; Ref: scu.449516