In Hotel La Tour Ltd v HMRC [2021] UKFTT 451 (TC), the FTT held that VAT incurred by a seller, Hotel La Tour Ltd (HLT), on professional fees in connection with the sale of its subsidiary, Hotel La Tour Birmingham Ltd (Target), was recoverable as input tax.
Source: rpc.co.uk
Latest Posts in "United Kingdom"
- Tribunal Rules Nitrous Oxide Not Zero-Rated Food in Telamara VAT Case
- HMRC Updates VAT Notice 700/18: New Guidelines for Bad Debt Relief Claims
- Call for VAT Cut on Roadside EV Charging as Costs Near Diesel Parity
- Tribunal Orders HMRC to Disclose Evidence in CIS-Pay Ltd Kittel Appeal Case
- HMRC’s Strict Evidence Requirements for Zero Rating Exports Upheld in H Ripley Case
