Chris Reece of Ernst & Young brings us more VAT Tribunal summaries. This week he covers 20764 – 20780. These are up-to-date to 21 August 2008
Electronic payment
The appellant's bank implemented a new electronic payment system. The appellant's staff were trained in the new system's use but the accounts manager made a mistake in setting up HMRC's details with the consequence that the next VAT payment was returned to the appellant's bank account. The accounts manager did not investigate why this had happened until the following VAT payment was unsuccessful also and the appellant received notification of a default surcharge.
The Tribunal held that the appellant did not have a reasonable excuse for the default that...
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Chris Reece of Ernst & Young brings us more VAT Tribunal summaries. This week he covers 20764 – 20780. These are up-to-date to 21 August 2008
Electronic payment
The appellant's bank implemented a new electronic payment system. The appellant's staff were trained in the new system's use but the accounts manager made a mistake in setting up HMRC's details with the consequence that the next VAT payment was returned to the appellant's bank account. The accounts manager did not investigate why this had happened until the following VAT payment was unsuccessful also and the appellant received notification of a default surcharge.
The Tribunal held that the appellant did not have a reasonable excuse for the default that...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
