VALUE ADDED TAX – Wholesale scrap metal transactions undertaken by Appellant building company – Denial of input tax – Was there a tax loss? – Yes – Did that loss result from fraudulent evasion? – Yes – Were the transactions subject to the appeal connected with that evasion? – Yes – Did the Appellant know or should it have known that the transactions were connected with fraud? – Yes – Appeal dismissed
Citations:
[2018] UKFTT 532 (TC)
Links:
Jurisdiction:
England and Wales
VAT
Updated: 23 October 2022; Ref: scu.632313