Connell v Her Majesty’s Revenue and Customs: FTTTx 26 Mar 2009

FTTTx Misdeclaration penalty – no appeal against assessment – transfer of land as a going concern – failure of accountants to notify and elect on time – Vat chargeable – no reasonable excuse – mitigation of 70% allowed by Customs – mitigation of 100% allowed by tribunal – appeal allowed

Citations:

[2009] UKFTT 34 (TC)

Links:

Bailii

VAT

Updated: 30 July 2022; Ref: scu.373584