- FTT allowed in part an appeal against VAT default surcharges in the case of Foster and Sons Ltd v HMRC
- Mr Foster argued default surcharge notices were not properly served as they were not received
- Evidence showed notices were properly served, except for one missing notice
- Company claimed reasonable excuse for late payment due to bank change and accountant engagement
- FTT concluded company did not notify HMRC of address change in a timely fashion, leading to late payments
- Steps could have been taken to avoid payment defaults, no reasonable excuse for late payments
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.
