Palatial Leisure Ltd v Revenue and Customs: FTTTx 22 Jul 2013

FTTTx VALUE ADDED TAX – partial exemption – whether attribution of input tax under regulation 101 of the VAT Regulations 1995 can take account of a taxable use of goods in a period more remote than the end of the prescribed accounting period in question which is brought about by a change in the law making what were formerly exempt supplies taxable supplies – held it cannot – appeal dismissed

[2013] UKFTT 396 (TC)
England and Wales


Updated: 20 November 2021; Ref: scu.515190