VDT Failure to register timeously: Penalty calculated on future turnover. Actual turnover less. Co-operation of Appellant, prompt accounting once problem recognised; HMRC allowed 50% of penalty mitigation. Decision to increase mitigation to 70%.
Citations:
[2008] UKVAT V20740
Links:
Jurisdiction:
England and Wales
VAT
Updated: 19 July 2022; Ref: scu.272991