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Crownfold Ltd (TC3079)
The taxpayer company was late paying its PAYE and National Insurance during the period of June 2011 to February 2012.
The finance director claimed the firm had reasonable excuse for the delays, and that HMRC had often allowed extensions of time for making payments in the past.
The director admitted he would have arranged for the tax to be paid on time had he realised fines would be imposed for late payment – which in effect precluded any excuse based on an unexpected event causing an inability to pay, according to the First-tier Tribunal.
Other excuses put forward by the company were cash flow problems, overlooking the fact payment was due, and an employee’s holiday. None amounted to reasonable.
The taxpayer’s appeal was dismissed.
