In 3D Crowd CIC v HMRC [2023] TC08837, the First Tier Tribunal (FTT) partially upheld the appeal of a business established during the pandemic to provide free PPE to the NHS. The claim for input VAT was denied by HMRC on the basis that the free supplies were not taxable supplies.
Source: rossmartin.co.uk
Latest Posts in "United Kingdom"
- UK Chancellor Considers Increasing VAT Threshold to Boost Business Growth
- Potential VAT Changes for Travel Businesses: UK and EU TOMS Reforms, New Platform Rules
- VAT Fraudster Arif Patel Loses Ferrari and £90m Property Empire in HMRC Crackdown
- UK Internal Market Act Reforms Enhance Trade, Flexibility, and Collaboration Across Nations
- UK Unveils Post-Brexit Trade Strategy to Boost Exports and Protect Domestic Industries