IC Blue Ltd v Her Majesty’s Revenue and Custom: FTTTx 8 Apr 2009

FTTTX VALUE ADDED TAX- import VAT – Simplified Import VAT Accounting (‘SIVA’)- trader refused entry into scheme – business did not satisfy financial viability as net assets less than average VAT liability – appeal dismissed.

Citations:

[2009] UKFTT 40 (TC), [2009] UKFTT 00018 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

VAT

Updated: 03 August 2022; Ref: scu.373613