And the VATman could give back pounds 2,943 to a business purchaser. |
Debenhams appealed again and won at the High Court, so the VATman appealed to the Court of Appeal and this time he has won. |
It is the second time that security operations linked to him have crashed, with the Inland Revenue and Vatman the losers. |
This 3 years can also work in reverse, i.e. after 3 years the VATman can't overturn any error or claim made. |
Just try persuading the taxman to wait seven years for his lucre or giving the Vatman some snow job about a cheque post-dated for seven years hence. |
His key message is that there remains significant sums to recover via both the Vatman and reviewing the tax arrangements of the practice. |