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)
Bailii
VAT
Updated: 20 November 2021; Ref: scu.515204
