VDT VAT DEFAULT SURCHARGE: Reasonable Excuses for not paying VAT on time for periods 02/06 and 05/06 – 02/06 cash flow difficulties of associate company not a member of the Appellant’s VAT group – evidence insufficient on the Appellant’s ability to pay the VAT due – Appellant not entitled to rely on cash flow difficulties of a separate legal entity for its reasonable excuse – in the alternative the cause of the cash flow difficulties foreseeable and avoidable by exercise of due diligence – 05/06 computer problem – inadequate planning and control – no reasonable excuse for either period -Appeal dismissed.
Citations:
[2007] UKVAT V20184
Links:
VAT
Updated: 11 July 2022; Ref: scu.258981