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FTT finds VAT on the cost of professional services incurred in relation to the sale of shares in a subsidiary is recoverable (Hotel La Tour Ltd v HMRC)

Published on: 12 January 2022
Published by: LexisPSL
  • FTT finds VAT on the cost of professional services incurred in relation to the sale of shares in a subsidiary is recoverable (Hotel La Tour Ltd v HMRC) 
  • Why it matters
  • Case details

Article summary

Tax analysis: In Hotel La Tour Ltd v HMRC, the First–tier Tax tribunal (FTT) held that a company was entitled to recover VAT on the cost of professional services incurred in relation to the sale of shares in its subsidiary or take a trial to read the full analysis.

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