On 24 April 2020, the Court of Appeal rejected Rank’s attempt to circumvent the 4-year limitation period that had time-barred its earlier claims. Rank argued that HMRC should have brought Rank’s out-of-time claim into account when calculating other, earlier, in-time claims. However, on 23 February 2021, the UK Supreme Court refused Rank’s application for permission to appeal.
Source: monckton.com
Latest Posts in "United Kingdom"
- One Third of UK Small Firms May Quit EU Trade Due to Costs and Complex Rules
- HMRC Offers Free Access to Customs Declaration Data for Enhanced Compliance and Governance
- Sweetmotion Ltd: Partial VAT Input Denial and Penalties Reduced Due to HMRC Delay and Director’s Naivety
- FTT Refuses Strike-Out: Second VAT Appeal by BIOT Allowed, Not Abuse of Process, Reasonable Prospect
- VAT Treatment of Public Funding for Further Education Institutions: HMRC Response to Colchester Judgment
