Gillex (UK) Ltd (In Liquidation) v Revenue and Customs: FTTTx 27 Oct 2010

VAT – input tax – MTIC fraud – conceded that deals connected with fraudulent evasion of VAT – whether trader knew or should have known of such connection – conclusion based on surrounding circumstances including financial information and lack of sufficient enquiries – both elements of test satisfied – appeal dismissed

Citations:

[2010] UKFTT 517 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

VAT

Updated: 25 March 2022; Ref: scu.426618