In Robert Cross v HMRC [2014] UKFTT 907 – 19 September 2014 the FTT found that the right to a VAT refund had passed to the transferee under a transfer of a business as a going concern (TOGC).
Robert Cross had been retailing cars as a sole trader since 1977 when he decided to incorporate his business by transferring it as a going concern to a newly incorporated company in 1985. He applied for the relocation of his VAT registration number to the company.
In March 2009 he claimed repayment of VAT wrongly paid (VATA 1994 s 80(1)) in relation to demonstrator rental and courtesy vehicles covering the period from 1981 to incorporation. A separate claim was lodged for the company for the period 1985 onwards.
HMRC rejected the claim as sole proprietor for the period 1981 to 1985 on the...
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In Robert Cross v HMRC [2014] UKFTT 907 – 19 September 2014 the FTT found that the right to a VAT refund had passed to the transferee under a transfer of a business as a going concern (TOGC).
Robert Cross had been retailing cars as a sole trader since 1977 when he decided to incorporate his business by transferring it as a going concern to a newly incorporated company in 1985. He applied for the relocation of his VAT registration number to the company.
In March 2009 he claimed repayment of VAT wrongly paid (VATA 1994 s 80(1)) in relation to demonstrator rental and courtesy vehicles covering the period from 1981 to incorporation. A separate claim was lodged for the company for the period 1985 onwards.
HMRC rejected the claim as sole proprietor for the period 1981 to 1985 on the...
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If you do not subscribe but are a registered user, please enter your details in the following boxes:
