Vale Europe Ltd v Revenue and Customs (VAT – Input Tax : Other): FTTTx 9 Nov 2018

VAT – Whether fraudulent tax loss – Whether appellant’s transactions connected to such loss – Whether appellant knew or should have known of any such connection – No – Appeal allowed
VAT – Misdeclaration penalty – Whether understatement of liability to VAT in returns – No – Appeal allowed

Citations:

[2018] UKFTT 662 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

VAT

Updated: 07 December 2022; Ref: scu.632418