VALUE ADDED TAX – default surcharges – reasonable excuse – cash flow problems due to compulsory purchase order on land of the appellant or related company – not proved that cash flow problems unavoidable even with appropriate foresight and due diligence – excuse not objectively reasonable – appeal dismissed
Citations:
[2020] UKFTT 168 (TC)
Links:
Jurisdiction:
England and Wales
VAT
Updated: 25 November 2022; Ref: scu.650677