In Sew & Go Ltd v HMRC (TC01937 – 19 April) a company (S) which paid its VAT liability by electronic transfer appealed against a default surcharge for the period ending July 2011 contending that it had made two payments on 6 and 7 September 2011 using the ‘Faster Payments System’ and had assumed that HMRC would receive the payments within the extended seven-day time limit. The First-tier Tribunal dismissed the appeal finding that HMRC had previously sent S a letter and information sheet stating that ‘HMRC is currently unable to accept Faster Payments’ and that CHAPS is the only method of same day payment’. Judge Clark held that since S ‘had been informed on two occasions that the Faster Payments Scheme did not apply to payments to HMRC’ there was no reasonable excuse for...
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In Sew & Go Ltd v HMRC (TC01937 – 19 April) a company (S) which paid its VAT liability by electronic transfer appealed against a default surcharge for the period ending July 2011 contending that it had made two payments on 6 and 7 September 2011 using the ‘Faster Payments System’ and had assumed that HMRC would receive the payments within the extended seven-day time limit. The First-tier Tribunal dismissed the appeal finding that HMRC had previously sent S a letter and information sheet stating that ‘HMRC is currently unable to accept Faster Payments’ and that CHAPS is the only method of same day payment’. Judge Clark held that since S ‘had been informed on two occasions that the Faster Payments Scheme did not apply to payments to HMRC’ there was no reasonable excuse for...
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