VAT – INPUT TAX – HMRC denied input tax claims totalling pounds 15,294,335 in respect of 93 transactions of mobile phones – Was there a VAT Loss? – Yes – Was the loss fraudulent? – Yes – Were the Appellant’s transactions connected with the fraud? – Yes – Did the Appellant know or should have known that its transactions were connected to fraudulent evasion of VAT ? – Yes the Appellant knew – Appeal dismissed
[2011] UKFTT 393 (TC)
Bailii
England and Wales
VAT
Updated: 14 November 2021; Ref: scu.443105