In M El-Baghdadi v HMRC [2017] UKFTT 171 (13 February 2017) the FTT found that HMRC had been entitled to raise an assessment in circumstances where during a visit of the taxpayer’s premises he had brought its attention to the relevant supplies.
The case related to land owned by the appellant. He had granted a company a licence to occupy the land for a period of five years for the purpose of its business and received £2 000 per week under the licence agreement. HMRC contended that the exemption for supplies of land (VATA 1994 Sch 9 Group 1 item 1) did not apply as the supplies fell within the exception of holiday accommodation.
The appellant submitted that during a visit by HMRC he voluntarily disclosed the income received under the licence agreement explaining that he and his...
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In M El-Baghdadi v HMRC [2017] UKFTT 171 (13 February 2017) the FTT found that HMRC had been entitled to raise an assessment in circumstances where during a visit of the taxpayer’s premises he had brought its attention to the relevant supplies.
The case related to land owned by the appellant. He had granted a company a licence to occupy the land for a period of five years for the purpose of its business and received £2 000 per week under the licence agreement. HMRC contended that the exemption for supplies of land (VATA 1994 Sch 9 Group 1 item 1) did not apply as the supplies fell within the exception of holiday accommodation.
The appellant submitted that during a visit by HMRC he voluntarily disclosed the income received under the licence agreement explaining that he and his...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
.jpg?sfvrsn=335a554c_0 "300 x 250 (MPU)")