RE: vat problem6 Nov 2020 13:54
Found this in Annual Report
The Group has recently been notified by HMRC of potential claims for unpaid export duty in connection with a customer’s transfer of stock from
Wincanton’s bonded warehouse to a third party UK export agent. The Group’s view is that its processes and controls have operated as designed at all
times, that the Group has discharged its responsibilities, and that any duty due is payable by third parties. Wincanton have received legal advice and
the claims are being disputed. As a result of the robust legal advice, no liability has been recognised in respect of these claims.
In my experience companies can be joint and severally liable for these type of issues. does anybody know how much is at stake?