In George Edwards Consulting v HMRC [2018] UKFTT 598 10 October 2018 the FTT found that the fact that the appellant company may be entitled to repayments did not exempt it from its obligations to file timely returns going forward.
For several years before 2011 the company had overpaid PAYE and NICs. Its director Mr Edwards had eventually found that these overpayments had occurred because the staff had worked out the tax which would be due for each month at the beginning of a tax year on the basis of an assumption that there would be regular monthly payments to the employees; and had arranged for these predetermined payments to be made to HMRC. This had worked in earlier years when the company’s business was regular and stable but when its business changed for the worse its payments to employees became less with...
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