VAT ruling favourable for small businesses
Language: English Series: Financial Times ; 28 July 1992, 6(1)Publication details: 1992Subject(s): Summary: The Court of Appeal found that an electrical contractor was not able to pay VAT, which was due, accepting as a `reasonable excuse` the fact that the contractor`s chief customer had paid late. The decision is welcomed by the Federation of Small Businesses.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2830-59 (Browse shelf(Opens below)) | 1 | Available | 68999-1001 |
The Court of Appeal found that an electrical contractor was not able to pay VAT, which was due, accepting as a `reasonable excuse` the fact that the contractor`s chief customer had paid late. The decision is welcomed by the Federation of Small Businesses.