The Supreme Court has again had the opportunity to consider the application of the Redrow approach to VAT on tripartite arrangements in the Airtours case. Nick Skerrett and Gary Barnett (Simmons & Simmons) analyse the judgment and draw attention to some consequential loose ends.
Things can get complicated when there are three people in a relationship. Or at least they do when it comes to working out who gets to recover input VAT. Way back in 1999 when the House of Lords delivered its judgment in Customs and Excise Comrs v Redrow Group [1999] UKHL 4 it all seemed so simple. All you had to do was show that you had paid and received ‘anything at all’ used or to be used for the purposes of your business and input VAT recovery was yours. Seventeen years later and a multitude of big name cases have added...
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The Supreme Court has again had the opportunity to consider the application of the Redrow approach to VAT on tripartite arrangements in the Airtours case. Nick Skerrett and Gary Barnett (Simmons & Simmons) analyse the judgment and draw attention to some consequential loose ends.
Things can get complicated when there are three people in a relationship. Or at least they do when it comes to working out who gets to recover input VAT. Way back in 1999 when the House of Lords delivered its judgment in Customs and Excise Comrs v Redrow Group [1999] UKHL 4 it all seemed so simple. All you had to do was show that you had paid and received ‘anything at all’ used or to be used for the purposes of your business and input VAT recovery was yours. Seventeen years later and a multitude of big name cases have added...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
