- DDK Projects Ltd appealed against VAT late payment penalties, claiming a reasonable excuse.
- The company’s only executive director became a full-time carer due to a traumatic birth, and the external bookkeeper was unexpectedly absent.
- HMRC’s notification of the late payment was delayed by over a month.
- The First-tier Tribunal (FTT) found that the combination of these factors amounted to a reasonable excuse.
- The appeal was allowed, and the penalties were cancelled as the VAT was paid promptly once notified.
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.
Latest Posts in "United Kingdom"
- VAT Recovery Falls Despite Increased Crackdown on Business Tax Avoidance, HMRC Figures Show
- VAT Late Filing Penalties: Software Failure and Employee Error Not Reasonable Excuse, Appeal Dismissed
- Corrupt Directors Jailed for £20m VAT Fraud After Secret Meetings and Fake Offshore Schemes
- Input VAT Denied: Insufficient Evidence and Pre-Registration Supplies—SM Development North West Ltd Appeal Dismissed
- HMRC Cannot Deny Input VAT Recovery Where Valid Invoice Exists: Eurocent (Buckingham) Ltd v HMRC
