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Tax relief for VAT assessment

Tax relief for VAT assessment

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A client failed to make an adjustment in respect of VAT scale charges and was subsequently assessed with the addition of interest and a penalty. Is a deduction permitted in my client's annual accounts for the basic assessment?

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By johngroganjga
19th Dec 2014 10:13

Yes of course.  Otherwise

Yes of course.  Otherwise client would suffer a double penalty wouldn't they?

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