- Taxpayer was not carrying on a business for VAT purposes (Babylon Farm Ltd v HMRC)
- Why it matters
- Case details
Tax analysis: In Babylon Farm Ltd v HMRC, the Upper Tribunal (UT) dismissed the taxpayer’s appeal, finding that the taxpayer was not entitled to recover VAT that it had incurred during a period of approximately three years from May 2014, mainly on the cost of building a new barn to store machinery to carry out a hay making activity.
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