VAT – PENALTIES – default surcharge – electronic payment by method resulting in receipt of tax later than 7 calendar days after the due date – repetition of circumstances of previous late payment – taxpayer warned on previous occasion of need to ensure tax received within the 7-day concessionary period – cash-flow difficulty not such as to provide reasonable excuse having regard to statutory exclusion – no reasonable excuse apparent – appeal dismissed
Citations:
[2006] UKVAT V19836
Links:
Jurisdiction:
England and Wales
VAT
Updated: 05 April 2022; Ref: scu.246181