FTTTx Value Added Tax – Claim for bad debt relief by a firm that had invoiced a client on a contingent basis at the time it was reporting for VAT on the cash basis, followed by the payment of the VAT at the point the firm deregistered – Whether bad debt relief could be claimed, following the write-off of the receivables in 2013 – Whether we had jurisdiction to deal with secondary claims based on reliance by the Appellant upon claimed phone discussions with HMRC officers in which it was said that the officers had indicated that bad debt claims could be made – Appeal dismissed
Citations:
[2014] UKFTT 404 (TC)
Links:
Jurisdiction:
England and Wales
VAT
Updated: 09 July 2022; Ref: scu.525350