The Commissioners for HM Revenue and Customs v Frank A Smart and Son Limited: [2016] UKUT 0121 (TCC)

Upper Tribunal Tax and Chancery decision of Lord Tyre on 18 March 2016.

• From: HM Courts & Tribunals Service and Upper Tribunal (Tax and Chancery Chamber)
• Published: 1 December 2016

• Category: Tax
• Release date: 18 March 2016

Read the full decision in The Commissioners for HM Revenue and Customs v Frank A Smart and Son Limited: [2016] UKUT 0121 (TCC).

VALUE ADDED TAX – input tax – purchase of Single Farm Payment Entitlement units – whether used or to be used for the purposes of the taxable person’s economic activity – whether direct and immediate link with the taxable person’s business – yes – appeal refused – Council Directive 2006/112, article 168 – VATA 1994, section 24.

Published 1 December 2016