Legal News

Court of Appeal delivers its judgment on historic VAT bad debt relief claims (Revenue and Customs Commissioners v GMAC (UK) plc)

Published on: 17 November 2016
Published by: LexisPSL
  • Court of Appeal delivers its judgment on historic VAT bad debt relief claims (Revenue and Customs Commissioners v GMAC (UK) plc)
  • Original news
  • What did the GMAC case concern?
  • What did the Court of Appeal decide?
  • What are the implications for the UK’s VAT bad debt relief scheme following the decision?
  • Where does HMRC’s success in respect of ground 1 (namely FA 1997, s 39(5)) leave GMAC’s claim?

Article summary

Tax analysis: When should claims for VAT bad debt relief under the old scheme be time barred? Tim Jarvis, partner at Squire Patton Boggs in Leeds, considers the Court of Appeal’s decision in Revenue and Customs Commissioners v GMAC (UK) plc. or take a trial to read the full analysis.

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