VAT – default surcharge – late payment – payment on account regime – no seven day grace period for online payment -discriminatory- funds held in account charged by bank – late payment due to issue with bank – held- Tribunal no jurisdiction to consider concessionary treatment applied by HMRC – no evidence that late payment only due to late release of funds by bank – no reasonable excuse – appeal dismissed.
[2014] UKFTT 906 (TC)
Bailii
England and Wales
VAT
Updated: 21 December 2021; Ref: scu.537259