The Premspec Group Ltd v Revenue and Customs (Value Added Tax – Disallowance of Input Tax Credit Under S26A VATA 1994): FTTTx 25 Mar 2020

VALUE ADDED TAX – disallowance of input tax credit under s26A VATA 1994 – unpaid consideration for supplies between related companies- was consideration unpaid 6 months after ‘relevant date’? – Found: consideration became payable later than date of supply – ‘relevant date’ not yet reached – appeal allowed

Citations:

[2020] UKFTT 167 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

VAT

Updated: 25 November 2022; Ref: scu.650691