FTTTX VAT and Income tax – whether turnover under declared – assessment of turnover and profits for five year period by HMRC using business economics exercise and mark-up of purchases – Appellant providing a sales re-statement exercise based on a detailed analysis of primary records for one full year – whether HMRC correctly assessed turnover and profits to best judgement – no – appeal allowed
[2015] UKFTT 546 (TC)
Bailii
England and Wales
VAT
Updated: 07 January 2022; Ref: scu.556395
