Bad debt relief – Insolvency requirement before FA 1990 – Property requirement before FA 1997 – Whether compatible with fiscal neutrality – No – Whether repayment claim resulted in windfall contrary to EC law – No – Repayment claim – Retrospective time bar under FA 1997 s.39(5) disapplied as contrary to EC law – Appeal allowed in principle
[2010] UKFTT 202 (TC)
Bailii
England and Wales
VAT
Updated: 12 November 2021; Ref: scu.422227