Income tax – late payment surcharge – section 59C(2) Taxes Management Act 1970 – meaning of ‘paid’ and ‘unpaid’ in relation to electronic payment –
Held: date tax is ‘paid’ is date of receipt by HMRC and not date of initiation of electronic payment
Citations:
[2010] UKFTT 442 (TC)
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 11 June 2022; Ref: scu.426558