- The FTT dismissed Akhtar’s appeal against HMRC’s VAT assessments due to missing records.
- Akhtar failed to keep required business records despite HMRC’s advice.
- The assessments were deemed to be made to best judgment.
- Akhtar’s arguments did not prove the assessed amounts were incorrect.
- COVID-19 restrictions and other factors did not justify adjustments to the assessments.
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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