FTTTx VAT – taxpayer’s supplies effectively exempt under UK law – taxpayer seeking to rely on its directly effective right to treat supplies as standard rated – output tax exceeding input tax – whether HMRC entitled to deny input tax claim – meaning of direct effect – taxpayer’s right is only to net amount – appeal dismissed
[2015] UKFTT 74 (TC)
Bailii
England and Wales
VAT
Updated: 28 December 2021; Ref: scu.543228