BTS Specialised Equipment Ltd and Another v Revenue and Customs: FTTTx 24 Mar 2015

FTTTx VAT -input tax – MTIC fraud – direct tax losses and losses through contra-traders – whether tax losses established – yes – whether losses due to fraudulent evasion – yes – whether appellants transactions connected to fraudulent losses – yes – whether appellants had knowledge of connection of fraudulent losses – yes – appeal dismissed.

[2015] UKFTT 136 (TC)
Bailii
England and Wales

VAT

Updated: 29 December 2021; Ref: scu.545095