19516

Security for VAT – Appeal withdrawn

LONDON TRIBUNAL CENTRE

	IS ACCESS LIMITED	           Appellant

-	and –

	THE COMMISSIONERS FOR HER MAJESTY’S REVENUE & CUSTOMS 	 Respondents

				Tribunal:	CHARLES HELLIER (Chairman)
						MOHAMMED M HOSSAIN FCA FCIB

Sitting in public in London on 7 March 2006

Andrew Franklin, director, and Mrs V A Gill, for the Appellant 

Phillip Webb, instructed by the Acting Solicitor for HMRC, for the Respondents

© CROWN COPYRIGHT 2006

DECISION

1	By a letter dated 19 April 2004 the Respondents had, pursuant to their powers in paragraph 4(2)(a) Schedule 11 VAT Act 1994, required the Appellant to give security by guarantee or cash deposit in the sum of £39,950.00 and indicated that as an alternative they would accept security of £26,600 if the Appellant agreed to submit monthly returns. On 8 July 2005 the Appellant had appealed against this decision.

2	There had been some discussion prior to the hearing between the Appellant’s representatives and those of the Respondents.

3	Mr Franklin told us that the Appellant wished to withdraw its appeal and had agreed to submit monthly returns and to give £26,600 by way of security. Mr Webb told us that the Respondents did not seek costs and would investigate what could be done in relation to the monies owed to the Appellant in respect of amounts deducted under the Construction Industry Scheme.

4	We therefore direct that this appeal be dismissed and make no order for costs.

CHARLES HELLIER
CHAIRMAN

RELEASED: 29 March 2006

LON/05/750