Category: VAT
Dubai-based VAT fraudster faces extra 10-year jail term – BBC News
“A convicted fraudster has been sentenced to an extra 10 years in jail after failing to repay £14m in taxes.”
BBC News, 2nd March 2013
Source: www.bbc.co.uk
My conviction is unsafe, says QC jailed for VAT fraud – Law Society’s Gazette
“A London silk sentenced today to three and a half years in prison after being convicted of a £600,000 VAT fraud says he will fight to clear his name.”
Law Society’s Gazette,
Source: www.lawgazette.co.uk
VAT on takeover costs not recoverable by holding company, says Court of Appeal – OUT-LAW.com
“VAT incurred by a holding company on a takeover was not recoverable, according to a recent Court of Appeal decision in a case concerning UK airport operator BAA.”
OUT-LAW.com, 22nd February 2013
Source: www.out-law.com
Advertising bodies loosen rules on price comparisons and on displaying VAT-exclusive prices – OUT-LAW.com
Businesses will be given more freedom to compare the price of their products to those of rivals under changes made to the UK’s advertising rules.
OUT-LAW.com, 20th February 2013
Source: www.out-law.com
Man who hid 14 million cigarettes in refrigerated lorries carrying fruit and vegetables is jailed – The Independent
“A freight distribution manager who hid more than 14 million cigarettes in refrigerated lorries carrying fruit and vegetables, to evade an estimated £2.5 million in duty and VAT, has been jailed, according to HM Revenue and Customs (HMRC).”
The Independent, 2nd November 2012
Source: www.independent.co.uk
Regina (ToTel Ltd) v First-tier Tribunal (Tax Chamber) and another – WLR Daily
“A taxpayer was entitled to appeal from the First-tier Tribunal to the Upper Tribunal against a decision that it would not suffer hardship if required to pay assessed value added tax before an appeal against the assessment could be heard. The right of appeal against hardship decisions had not been abolished by section 84(3C) of the Value Added Tax Act 1994 as the insertion of section 84(3C) by paragraph 221(5) of Schedule 1 to the Transfer of Tribunal Functions and Revenue and Customs Appeals Order 2009 was ultra vires section 124 of the Finance Act 2008.”
WLR Daily, 31st October 2012
Source: www.iclr.co.uk
No removal of right of appeal without clear and express wording – UK Human Rights Blog
“Tax litigation is not the most obvious hunting ground for human rights points but if claimants feel sufficiently pinched by what they perceive as unfair rules, there is nothing to stop them appealing to the courts’ scrutiny of the lawfulness of those rules.”
UK Human Rights Blog, 1st November 2012
Source: www.ukhumanrightsblog.com
Subway loses legal challenge over VAT on hot food – The Lawyer
“Mr Justice Arnold has thrown out an appeal bid by a franchisee of sandwich chain Subway to challenge HM Revenue & Customs’ VAT policy on hot food.”
The Lawyer, 11th October 2012
Source: www.thelawyer.com
Service charges can form part of rent for VAT purposes where transactions “closely linked” – OUT-LAW.com
“Charges for cleaning and maintenance in respect of a commercial property lease may be treated as part of the rental of that property, and therefore exempt from value added tax (VAT), where the two charges are ‘closely linked’, the European Court of Justice (ECJ) has ruled.”
OUT-LAW.com, 27th September 2012
Source: www.out-law.com
Type of interest due on overpaid tax is at discretion of national governments, ECJ says – OUT-LAW.com
“It is for European member states to determine how interest should be calculated on repayments of overpaid tax, the European Court of Justice (ECJ) has ruled.”
OUT-LAW.com, 19th July 2012
Source: www.out-law.com
Carousel fraud ringleader jailed for 17 years over reselling nonexistent mobiles – The Guardian
“Fifteen people have been convicted of trying to steal £176m from the public purse in one of the largest and most complex mobile phone tax frauds yet uncovered.”
The Guardian, 8th July 2012
Source: www.guardian.co.uk
Channel Islands VAT loophole closed to CD and DVD retailers – The Guardian
“Some of UK’s most popular online retailers will be forced to stop selling VAT-free CDs and DVDs after high court ruling.”
The Guardian, 15th March 2012
Source: www.guardian.co.uk
Channel Islands challenge VAT plan – The Independent
“The Channel Islands are urgently challenging the legality of proposals they fear could ‘devastate’ a thriving internet trade in VAT-exempt goods, including CDs and DVDs.”
The Independent, 13th March 2012
Source: www.independent.co.uk
Regina v Ahmad and another – WLR Daily
Regina v Ahmad and another [2012] EWCA Crim 391; [2012] WLR (D) 62
“Sums banked as the result of the sale or purported sale of goods by a buffer company in the course of a carousel fraud generating false claims for the repayment of VAT were not property obtained ‘in connection with [the] commission’ of the offence within section 71(4) of the Criminal Justice Act 1988.”
WLR Daily, 2nd March 2012
Source: www.iclr.co.uk
Four jailed for alcohol-smuggling VAT and tax fraud – The Guardian
“Four members of a criminal gang have been jailed for their roles in one of the biggest alcohol-smuggling frauds ever uncovered in Britain.”
The Guardian, 10th February 2012
Source: www.guardian.co.uk
Charities and universities to benefit from VAT exemption for shared services – OUT-LAW.com
“The Government will implement EU proposals that will allow charities and universities to share services without charging each other VAT, according to proposals published in today’s Finance Bill 2012.”
OUT-LAW.com, 6th December 2011
Source: www.out-law.com
Draft tax legislation gives greater predictability and clarity – HM Treasury
“Following Budget 2011, the Government has today published responses to a number of tax policy consultations, alongside draft clauses for legislation to be included in Finance Bill 2012.”
HM Treasury, 6th December 2011
Source: www.hm-treasury.gov.uk
