The case of NK Motors v HMRC [2015] UKFTT 0201 (TC) (reported in Tax Journal 5 June 2015) at the First-tier Tribunal is another case on the vexed issue of apportioning input VAT between taxable and exempt supplies. In this case the issue for the FTT was an appellant which owned various properties only some of which were subject to the election to waive exemption (the option to tax). The exempt supply of services related to a stable livery business run by an associated company of the appellant which used a farm under a licence granted by the appellant. The non-exempt supplies as argued for by the appellant related to general repairs to outbuildings rather than specific work carried out to convert some barns for the use of the stable livery business. The appellant maintained that these works were carried out in...
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Home >Articles > NK Motors v HMRC and the importance of evidence
NK Motors v HMRC and the importance of evidence
The case of NK Motors v HMRC [2015] UKFTT 0201 (TC) (reported in Tax Journal 5 June 2015) at the First-tier Tribunal is another case on the vexed issue of apportioning input VAT between taxable and exempt supplies. In this case the issue for the FTT was an appellant which owned various properties only some of which were subject to the election to waive exemption (the option to tax). The exempt supply of services related to a stable livery business run by an associated company of the appellant which used a farm under a licence granted by the appellant. The non-exempt supplies as argued for by the appellant related to general repairs to outbuildings rather than specific work carried out to convert some barns for the use of the stable livery business. The appellant maintained that these works were carried out in...
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