CPR Commercials Limited v The Commissioners for HM Revenue and Customs [2023] UKUT 00061 (TCC)

Upper Tribunal Tax and Chancery decision of Justice Miles and Judge Sinfield on 07 March 2023

• From: HM Courts & Tribunals Service and Upper Tribunal (Tax and Chancery Chamber)
• Published: 14 March 2023

• Category: Tax
• Release date: 7 March 2023

Read full decision CPR Commercials v HMRC FINAL

VALUE ADDED TAX – penalties – paragraph 1 Schedule 24 Finance Act 2007 – Appellant submitted VAT returns showing zero-rated export transactions for which it did not hold evidence of export - whether FTT made findings of fact from which it could properly conclude that inaccuracy was deliberate on Appellant’s part – No - appeal allowed - decision remade and penalty reduced from deliberate to careless

Published 14 March 2023