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Balancing VAT

Chris Reece brings us more VAT Tribunal summaries. This week he covers 20938–20960. These are up to date to 4 March 2009
First balancing payment
LVG became a large enough trader to come within the payments on account regime in 2007. Its first return period within the regime ended in June 2007 but it made the balancing payment due by 31 July late because it did not realise there was no seven-day extension for payment on account traders.
LVG claimed to have received no correspondence about surcharge liability and none about the payments on account regime. However LVG had made its first two payments on account which suggested strongly to the Tribunal that it...

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