Land Transaction Tax – Penalty for failure to pay LTT on purchase of hotel – insufficiency of funds – Corporate tenant suspended payment of rents nationwide – prearranged bank loan to assist in paying bridging loan and LTT suspended – both issues Covid related – whether either reasonable excuse – on the facts no – appeal dismissed
Citations:
[2020] UKFTT 474 (TC)
Links:
Jurisdiction:
England and Wales
Taxes – Other
Updated: 30 May 2022; Ref: scu.656861