Online Form WT2 For Claiming a Reasonable Excuse For a Late VAT Return

HMRC have updated their online form WT2 for a business that wants to claim a reasonable excuse to contest a VAT surcharge following submitting a VAT return late. A reasonable excuse might, in certain circumstances, excuse a tax penalty or surcharge. But it all depends on the facts and the VAT Act 1994 s.71 specifically excludes insufficient funds or reliance on another.

Eamon McNicholas
Tax Barrister, Accountant
http://www.EamonMcNicholas.com

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About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com
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