VATA 1994 – Schedule 10 paragraph 5(1) – VAT assessment for over claimed input tax – VAT incorrectly charged by seller on sale of residential flats – exempt supply – VAT paid by Appellant and included in its VAT return as a claim for input tax – initially accepted by HMRC – error discovered and assessment raised following subsequent vat visit – Appeal dismissed and assessment confirmed
Source: bailii.org
Latest Posts in "United Kingdom"
- Understanding VAT: How It Works, Its Impact, and Options for Reform in the UK
- UK Tribunal Rules Locum Doctor Supplies via Agencies Are VAT Exempt for NHS Trusts
- VAT Rules for Workwear, Uniforms, and Staff Clothing: What Businesses Need to Know
- Understanding E-Invoicing: Benefits, Challenges, and the Future for UK Businesses and Government
- How Overseas Businesses Can Reclaim UK VAT: Eligibility, Deadlines, and Key Conditions
