The First-tier Tribunal (FTT) dismissed RS Global Ltd’s application to debar HMRC’s VAT assessment appeal, finding HMRC had a reasonable chance of proving fraud despite arguments concerning the domestic reverse charge legislation. The FTT concluded the domestic reverse charge did not apply, upholding the appellant company’s liability for VAT on the zero-rated sales to overseas customers.
Source: claritaxnews.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United Kingdom"
- Tribunal Rules on VAT Status of Government Grants for Free Educational Services by Colleges
- Colleges Win £2.8 Million Tax Rebates Amid VAT Rule Dispute with HMRC
- The UK Should Lower or Abolish, Not Raise, Its VAT Registration Threshold
- UK Should Lower or Abolish VAT Threshold to Boost Small Business Growth and Efficiency
- Lowering VAT Threshold Risks Breaching Labour’s Manifesto, Warns Self-Employed Association
