DEFAULT SURCHARGE – Legality – Reasonable excuse – Appellant paid VAT through BACS system one day late – Payment received by Commissioners late – Whether default surcharge an excessive penalty for such a short delay – No – Appellant claimed that because computerized communication has broken down on correct date for payment it had waited until the next day and then activated the BACS payment – Whether reasonable excuse – No evidence
Citations:
[2005] UKVAT V19026
Links:
Jurisdiction:
England and Wales
VAT
Updated: 26 July 2022; Ref: scu.225141