VAT

HMRC delay was a reasonable excuse for paying VAT late

Stephen Relf explores recent changes to the VAT late payment penalty regime and explains why there are lessons to be learnt, for businesses and for HMRC, from a recent decision of the First-tier Tribunal (FTT).

ITICAEW Tax1 min read

Stephen Relf explores recent changes to the VAT late payment penalty regime and explains why there are lessons to be learnt, for businesses and for HMRC, from a recent decision of the First-tier Tribunal (FTT).

IT
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