Prada Contract Services Ltd v Revenue and Customs (Vat – Penalties : Default Surcharge): FTTTx 21 Jul 2017

VAT default surcharges – payments made one day late by FPS – insufficiency of funds – Appellant was awaiting a family loan – whether reasonable excuse – on the facts, yes – whether penalty disproportionate – no – appeal allowed in part

Citations:

[2017] UKFTT 572 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

VAT

Updated: 19 July 2022; Ref: scu.591044