Electrical Installation Solutions Ltd v Revenue and Customs: FTTTx 2 Aug 2013

FTTTx VAT – default surcharge – whether reasonable excuse – cash flow difficulties – Appellant taking steps to combat adverse trading conditions – HMRC reliance on dicta in dissenting judgment in CandE Commissioners v Steptoe – correct test to be applied – appeal allowed

[2013] UKFTT 419 (TC)


Updated: 20 November 2021; Ref: scu.515204