VDT VAT ASSESSMENT – disputed input tax claim and under-declaration of output tax – input tax claim not supported by a valid VAT invoice – assessing officer performed a weighted mark up exercise to calculate the undeclared output tax – the exercise used figures taken from the Appellant’s records – the exercise produced a rational outcome which was not challenged by the Appellant – assessment upheld -Appeal dismissed.
Citations:
[2008] UKVAT V20716
Links:
Jurisdiction:
England and Wales
VAT
Updated: 19 July 2022; Ref: scu.272961