In this month’s briefing, Lee Squires and Fiona Bantock (Hogan Lovells) examine three recent VAT decisions that matter: Investment Trust Companies, G B Housley and NEC; as well as HMRC’s guidance on the implications of Skandia on UK grouping provisions.
The Court of Appeal (CA) has given an important judgment in
Investment Trust Companies (in liquidation) v HMRC [2015] EWCA Civ 82 (reported in Tax Journal 20 February 2015) on whether customers (who have borne the burden of overpaid VAT) have a direct remedy against HMRC based on the domestic law of restitution.
The claimants were investment trust companies (ITCs) that
had been wrongly charged VAT...
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In this month’s briefing, Lee Squires and Fiona Bantock (Hogan Lovells) examine three recent VAT decisions that matter: Investment Trust Companies, G B Housley and NEC; as well as HMRC’s guidance on the implications of Skandia on UK grouping provisions.
The Court of Appeal (CA) has given an important judgment in
Investment Trust Companies (in liquidation) v HMRC [2015] EWCA Civ 82 (reported in Tax Journal 20 February 2015) on whether customers (who have borne the burden of overpaid VAT) have a direct remedy against HMRC based on the domestic law of restitution.
The claimants were investment trust companies (ITCs) that
had been wrongly charged VAT...
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: