VAT Default surcharge – Appellant had unusually high turnover in a quarter – normally paid VAT by BACs transfer – VAT payable in quarter exceeding BACs daily threshold – payment therefore made in three instalments – instalments falling after due date – effect of HMRC practice in relation to electronic payments – regulation 25(4L) VAT General Regulations 1995 – Reasonable Excuse – on the facts – appeal dismissed.
Citations:
[2006] UKVAT V19441
Links:
Jurisdiction:
England and Wales
VAT
Updated: 17 July 2022; Ref: scu.238995