The respondent had operated a restaurant through a limited company. The commissioners issued notices of assessments and penalties against the company, now in liquidation, and the defendant, on the basis that the company had consistently under-reported its takings. The commissioners appealed a decision setting aside the notices. The argument was as to whether notices had to be issued for the separate quarters. Because the revenue could calculate the penalty as equivalent to the amount under declared, no separate calculation need be made, even though, in this case, no penalty was recoverable for part of the period.
Citations:
[1996] EWCA Civ 999
Statutes:
Jurisdiction:
England and Wales
VAT, Taxes Management
Updated: 11 May 2022; Ref: scu.140866