Green v Revenue and Customs: FTTTx 20 Sep 2013

FTTTX VAT default surcharge – payment made by BACS on day payment was due – not received by HMRC until three days later – bank did not transfer money by Faster Payment Scheme as amount exceeded FPS limit – whether reasonable excuse – no – whether penalty disproportionate – no appeal dismissed

[2013] UKFTT 509 (TC)
Bailii

VAT

Updated: 21 November 2021; Ref: scu.516297