In Chrisovalandis Georgiou and others v HMRC [2022] TC 08660, the First Tier Tribunal found that HMRC had based VAT assessments on a flawed methodology and so were not made applying ‘best judgement’, as required by the VAT rules. The knock on effect of these errors was that Corporation Tax discovery assessments were not validated either.
Source: rossmartin.co.uk
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