THE COMMISSIONERS FOR HIS MAJESTY’S REVENUE AND CUSTOMS v HOTEL LA TOUR LTD [2023] UKUT 00178 (TCC)

Upper Tribunal Tax and Chancery decision of Mr Justice Zacaroli and Judge Guy Brannan on 24 July 2023

• From: HM Courts & Tribunals Service and Upper Tribunal (Tax and Chancery Chamber)
• Published: 24 July 2023

• Category: Tax
• Release date: 24 July 2023

Read full decision in Hotel La Tour Final decision (002)

VAT – sale of shares – proceeds of sale used to fund taxable activities – input tax incurred on sale of shares – whether a direct and immediate link to the taxable activities – yes – appeal dismissed

Published 24 July 2023