In Fount Construction Ltd v HMRC [2024] UKFTT 340 (TC) (18 April 2024) the FTT allowed the appellant’s appeal against a decision by HMRC to disallow the appellant’s input tax claims in relation to three invoices. The FTT found that the supplier invoices supporting the claims met the statutory requirements of the Value Added Tax Regulations SI 1995/2518 reg 14(1)(g) and (h).
The three invoices were from the same supplier and contained the single description: ‘Building Works at the above’. The invoices included a box referring to ‘Job address’ in which was entered the address of the relevant building site. The invoices confirmed that VAT was calculated at the standard rate included a VAT exclusive subtotal the VAT amount and the overall total.
HMRC decided that the invoices did not meet the requirements of the Value Added Tax Regulations SI 1995/2518 reg 14(1)(g) and...
