Teacake set to cost taxman £3.5m

10 Apr, 2008 | SnippetsTdp

OK, so when you owe them as little at £1.60 (which is what I owed this year) there's no waving the bill, but when they owe a company £3.5 million, all of a sudden it's a different game and they don't have to pay it all back, the same goes for individuals, you can only claim the wrongly charged tax for the last 6 years. Fair, I think not!

The UK argued that paying back the total sum would "unjustly enrich" M&S as customers had paid the money.

In the tribunal's opinion, compensation of more than 10% (£350,000) would have amounted to unjust enrichment of the company.