VAT: Settlement with HMRC: valid despite refund not legally due | Practical Law

VAT: Settlement with HMRC: valid despite refund not legally due | Practical Law

The Upper Tribunal has held that an agreement between HM Revenue & Customs and a taxpayer concerning a refund of overpaid VAT was valid, despite it later emerging that the VAT refund was not legally due.

VAT: Settlement with HMRC: valid despite refund not legally due

Practical Law UK Articles 1-614-4092 (Approx. 3 pages)

VAT: Settlement with HMRC: valid despite refund not legally due

by Norton Rose Fulbright LLP
Published on 28 May 2015
The Upper Tribunal has held that an agreement between HM Revenue & Customs and a taxpayer concerning a refund of overpaid VAT was valid, despite it later emerging that the VAT refund was not legally due.