Bond House claimants launch group action

Bond House claimants launch group action

High Court gives preliminary ruling in favour of a group action

Some 150 companies seeking damages claims against the government over its
carousel fraud crackdown look likely to see their cases launched as a joint
action.

The High Court yesterday gave a preliminary ruling to DLA Piper Rudnick, the
law firm, in favour of allowing a group action. The companies were denied VAT
reclaims since they were the unwitting victims of carousel frauds, and the
government had targeted them as the end of the chains concerned as having been
involved in ‘non-economic activity’.

The European Court of justice had rejected that argument in the Bond House
case, but the ruling came too late for some, who have stopped trading.

The 150 cases are now likely to be joined in an action that could cost the
government hundreds of millions of pounds, according to The Guardian.

Related Articles

Watch out when winding up

Corporate Tax Watch out when winding up

2m Emma Rawson, ATT Technical Officer
How might Brexit affect UK tax policy?

Brexit & Economy How might Brexit affect UK tax policy?

2m Santhie Goundar
Corporation tax losses – your newly flexible friends

Corporate Tax Corporation tax losses – your newly flexible friends

4m Emma Rawson, ATT Technical Officer
HMRC large business tax enquiry duration rises to 3 years

Corporate Tax HMRC large business tax enquiry duration rises to 3 years

5m Emma Smith, Managing Editor
SMEs paying higher rate of corporation tax than big businesses

Corporate Tax SMEs paying higher rate of corporation tax than big businesses

5m Alia Shoaib, Reporter
Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

8m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

8m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

9m Alia Shoaib, Reporter