MSD (Darlington) Ltd v Revenue and Customs: VDT 20 Nov 2006

VALUE ADDED TAX – default surcharge – taxpayer entering into major contract – supplier providing services to enable taxpayer to perform contract – available time-frame very short – supplier failing to provide service – taxpayer able to perform contract only at great additional cost – cash flow adversely affected – inability to meet VAT liability on time – whether reasonable excuse – yes – appeal allowed

Citations:

[2006] UKVAT V19897

Links:

Bailii

Jurisdiction:

England and Wales

VAT

Updated: 05 April 2022; Ref: scu.247548