FTTTx VAT – INPUT TAX – HMRC denied input tax claims totalling andpound;6,715,314.73 in respect of 26 transactions of mobile phones – Was there a VAT Loss? – Yes – Was the loss fraudulent? – Yes – Were the Appellants’ transactions connected with the fraud? – Yes – Did the Appellants know or should have known that its transactions were connected to fraudulent evasion of VAT? – Yes the Appellants knew – Appeal dismissed.
Judges:
Tildesley J
Citations:
[2013] UKFTT 180 (TC)
Links:
VAT
Updated: 14 November 2022; Ref: scu.472410