In DCM (Optical Holdings) Ltd v HMRC [2020] CSIH 60 (8 September) the Scottish Court of Session held inter alia that the Upper Tribunal had not erred in law in its findings in respect of the allocation of discounts between standard-rated goods and exempt services by a business primarily dedicated to selling spectacles.
There were in fact three main issues that the court had to consider:
whether an assessment had been made within time limits (‘the timebar issue’)
whether HMRC was entitled to amend certain repayment returns (‘the amendment issue’)
the allocation of discounts between standard-rated and exempt supplies (‘the discounts issue’)
The timebar issue related to assessments which DCM believed were made outside of time limits (under VATA 1994 s 73(6)(b)) on the basis that they were not made until more than one year after HMRC had knowledge of facts which were...
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In DCM (Optical Holdings) Ltd v HMRC [2020] CSIH 60 (8 September) the Scottish Court of Session held inter alia that the Upper Tribunal had not erred in law in its findings in respect of the allocation of discounts between standard-rated goods and exempt services by a business primarily dedicated to selling spectacles.
There were in fact three main issues that the court had to consider:
whether an assessment had been made within time limits (‘the timebar issue’)
whether HMRC was entitled to amend certain repayment returns (‘the amendment issue’)
the allocation of discounts between standard-rated and exempt supplies (‘the discounts issue’)
The timebar issue related to assessments which DCM believed were made outside of time limits (under VATA 1994 s 73(6)(b)) on the basis that they were not made until more than one year after HMRC had knowledge of facts which were...
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If you do not subscribe but are a registered user, please enter your details in the following boxes:
