Redefinition of abusive transaction under Halifax principle – Taxpayer assessed to tax in respect of deductions wrongfully made in relation to the redefined transaction – Whether HMRC must subtract from the assessment the amounts of tax already paid – Whether HMRC may require the taxpayer to reclaim tax already paid as overpaid tax under s.80 VATA 1994
Citations:
[2010] UKUT 360 (TCC)
Links:
Jurisdiction:
England and Wales
VAT
Updated: 01 September 2022; Ref: scu.428167