- The FTT dismissed Tasca Tankers Ltd’s appeal regarding VAT on second-hand car sales.
- Input VAT deductions were denied under the Kittel basis because the company knew or should have known the transactions were connected to VAT fraud.
- Zero-rating was denied due to insufficient evidence proving the cars were removed from the UK and delivered to Ireland.
- The total VAT under appeal was £394,157.38.
- The FTT found the company’s documentation unreliable and inadequate to meet legal requirements.
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.
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