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UK case law: W Resources PLC – no input tax recovery on contingent management fees

UK case: W Resources PLC vs HMRC

Appeals against the cancellation of registration, refusal to re-register and denial of input tax deductions on the basis that the
Appellant was not carrying on an economic activity or making supplies for a consideration – Appellant doing so only to the extent that its right to invoice for its services was no longer contingent on the generation of revenues by the recipients of its supplies.

Source: gov.uk

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