Update June 21, 2023: The HM Revenue and Customs (HMRC) has released an updated list of Value Added Tax (VAT) appeals that it has lost, partly lost, or where it has decided whether to appeal. The list now includes one new addition, five removals, and five amendments. This updated list is crucial for businesses as it could have wider implications on their VAT appeals.
The list of cases includes those where the HMRC has lost at the First-tier Tribunal, those where it has lost in the Upper Tribunal or higher courts, and those where it has partly lost, but still meets the criteria. The list also includes details of cases where a decision has been handed down since January 1, 2010, and is updated regularly to show details of finalised cases for six months.
Businesses should take note of this updated list as it could impact their own VAT appeals. The HMRC’s decisions in these cases could set a precedent for other appeals, so it’s essential to stay informed about the latest updates. The updated list is available to view on the HMRC website.
The VAT system is complex, and disputes can arise between businesses and HMRC over the interpretation of VAT rules. When a business disputes an HMRC decision, they can appeal to the First-tier Tribunal. If they are unsuccessful, they can then appeal to the Upper Tribunal, and then to higher courts if necessary.
The updated list of VAT appeals that HMRC has lost or partly lost is significant because it provides businesses with an insight into the types of disputes that have arisen and how they have been resolved. The list includes details of the cases, such as the parties involved, the amount of VAT in dispute, and the outcome of the appeal.
Businesses can use this information to assess their own VAT appeals and determine whether they have a strong case. They can also use the list to identify areas where there may be uncertainty in the VAT rules and seek clarification from HMRC.
The updated list of VAT appeals that HMRC has lost or partly lost is a valuable resource for businesses. It provides them with an insight into the types of disputes that have arisen and how they have been resolved. Businesses should take note of this list and use it to inform their own VAT appeals and seek clarification from HMRC where necessary.