Banbury Visionplus Ltd and others v Revenue and Customs: VDT 26 Oct 2005

VALUE ADDED TAX – partial exemption – opticians’ stores – special methods based on floor area agreed in 1997 and 1998 – special methods terminated by the Respondents in 2004 so that standard method applied – whether jurisdiction of the Tribunal is full or limited – limited – whether decision to terminate special methods was a reasonable decision – yes – if jurisdiction was full whether disputed decision secured a fair and reasonable attribution of input tax – yes – appeal dismissed – VATA 1994 Ss 24 – 26; VAT Regulations 1995 SI 1995 No. 2518 regs 101 and 102

Citations:

[2005] UKVAT V19266

Links:

Bailii

Jurisdiction:

England and Wales

Cited by:

Appeal fromBanbury Visionplus Ltd v HM Revenue and Customs ChD 9-May-2006
Appeal against termination of special exemption method.
Held: The taxpayer’s appeal was dismissed. The VAT tribunal’s jurisdiction was unlimited. No limitation was implied by the wording of the section. The tribunal’s discretion had only to be . .
Lists of cited by and citing cases may be incomplete.

VAT

Updated: 24 July 2022; Ref: scu.237989