Ougs Maintenance Services Ltd v Revenue and Customs: FTTTx 13 Nov 2020

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

Citations:

[2020] UKFTT 466 (Tc)

Links:

Bailii

Jurisdiction:

England and Wales

VAT

Updated: 29 May 2022; Ref: scu.656858