King Engineering Ltd v Revenue and Customs: VDT 25 Jan 2006

VDT VAT Default surcharge – VAT paid late by CHAPS but return received within 7 days at end of month – regulation 25(4L) VAT Regulations 1995 – no default in respect of return – reasonable excuse for late payment of VAT – taxpayer acting reasonably in confidently expecting a large payment – payment not received on time – appeal allowed.

Citations:

[2006] UKVAT V19432

Links:

Bailii

Jurisdiction:

England and Wales

VAT

Updated: 05 July 2022; Ref: scu.238964