Income tax – penalty for late payments of monthly PAYE and NICs – whether payments allocated to the correct tax month – whether PAYE is a debt due from the employer – common law authorities on the allocation of payments – whether HMRC should have allocated the payments in a manner more favourable to the company – whether the company had a reasonable excuse for late payment – appeal dismissed and penalty confirmed
[2012] UKFTT 602 (TC)
Bailii
England and Wales
Taxes – Other
Updated: 17 January 2022; Ref: scu.466147