INPUT TAX – Appellant operated as an Enterprise Zone Property Unit Trust – Appellant claimed VAT as input tax on supplies made after it ceased to make taxable supplies – Appellant contended that the disputed supplies were cost components of its letting business – satisfied on the facts that no direct and immediate link between the disputed supplies and Appellant’s taxable business – in the alternative disputed supplies were costs of issuing the units – no evidence to support alternative argument – in the alternative breached the principle of neutrality – no breach of principle – Appeal dismissed
[2008] UKVAT V20520
Bailii
England and Wales
VAT
Updated: 06 December 2021; Ref: scu.263934
