- The Jerk Yard Ltd appealed against a VAT late payment penalty to HMRC
- HMRC delays and late payment of VAT refund were not considered reasonable excuses
- The FTT dismissed the appeal, stating that the appellant should have made contingency plans
- The appellant did not have a reasonable excuse for late payment or special circumstances
- HMRC investigated the VAT repayment claim before processing it
Source: claritaxnews.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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