VAT – INPUT TAX – HMRC denied input tax claims totalling pounds 1,847,976.80 in respect of 16 transactions of mobile phones and CPUs – Was there a VAT Loss? – Yes – Was the loss fraudulent? – Yes – Were the Appellant’s transactions connected with the fraud? – Yes – Did the Appellant know or should have known that its transactions were connected to fraudulent evasion of VAT? – Yes the Appellant knew – Appeal dismissed
[2014] UKFTT 241 (TC)
Bailii
England and Wales
VAT
Updated: 03 December 2021; Ref: scu.525310