The Upper Tribunal agreed with lower court findings including that the company cannot claim a refund from the UK tax agency on the VAT costs because its customers’ bad debt amounts were too small to trigger an insolvency procedure.
Source: news.bloombergtax.com
Latest Posts in "United Kingdom"
- Fintua Sponsors Indirect Taxes Annual Conference 2025 in London (Nov 12)
- HMRC Guidance: Updates on VAT appeals
- VAT Exemption for Medical vs Cosmetic Treatments: Key Tribunal Guidance for Clinics and Practitioners
- HMRC Updates Guidance on Lost VAT Appeals: New Cases Added and Amended
- VAT Recovery Falls Despite Increased Crackdown on Business Tax Avoidance, HMRC Figures Show
