VAT – INPUT TAX – deduction denied on basis no supply – company formed by owners of property to undertake holiday lettings incurred costs on refurbishment – owners later formed partnership – recharge of refurbishment invoices by company to partnership did not constitute supply of services -knowledge or means of knowledge of fraud not necessary for input tax to be denied – input tax allowed on supply of goods (furniture and other items) from company to partnership – deliberate inaccuracy penalties cancelled – careless inaccuracy penalties upheld – appeal allowed in part
[2015] UKFTT 632 (TC)
Bailii
England and Wales
VAT
Updated: 08 January 2022; Ref: scu.557180