The Court of Appeal has overturned the Upper Tribunal and ruled that sales of fractional interests in Park Street, Mayfair (which entitled the purchaser to up to 21 days a year in one of 49 apartments) should be subject to VAT.
Source: bailii.org
Latest Posts in "United Kingdom"
- UT Confirms VAT Due on Sale of Mobile Plan Bundles, Not on Use – Lycamobile Case
- Pharma Firms Urged to Claim VAT Refunds Amid Ongoing Tribunal Dispute with HMRC
- Nissi N Nissi Ltd v HMRC: VAT, Option to Tax, Exempt Supplies, Fraudulent Invoices Dispute
- Import VAT Appeal: Best Cosmetics Ltd v HMRC on Postponed VAT Accounting and Unpaid VAT Notices
- Tribunal Upholds VAT Assessments and Penalties for GCHS Over Staff Supply and Registration Failures
