VAT – Input Tax -transactions in televisions – whether appellant knew or should have known its transactions were connected to fraudulent evasion of tax – yes – appellant should have known – appeal dismissed
Default surcharge – whether appellant’s disputed earlier VAT repayment claims which were later allowed by HMRC meant that there was no ‘outstanding VAT’ for purposes of default surcharge provisions or that the appellant had a reasonable excuse for not paying VAT due in respect of later periods – no – appeal dismissed
[2015] UKFTT 457 (TC)
Bailii
England and Wales
VAT
Updated: 04 January 2022; Ref: scu.552703