Revenue and Customs Commissioners v Temple Finance Ltd and another

Value added tax – Supply. The First-tier Tribunal (Tax Chamber)(the FTT) had correctly upheld the taxpayer companies' appeal against the decision by the Revenue and Customs Commissioners to use certain disputed methods in calculating the VAT payable by the taxpayers. The Upper Tribunal (Tax and Chancery Chamber) so held in dismissing the Revenue's appeal against the FTT's decision.

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