Experts have sounded a note of caution on the Bond House judgment, out this
The ECJ ruled in the companies’ favour in the case, which concerned carousel
fraud chains and an attempt by the government to prevent the recovery of VAT to
unwitting businesses involved in the chains.
Tax advisers at Chiltern say one element of the judgment, which specifies
that companies can reclaim if they are victims ‘without that taxable person
knowing or having any means of knowing’ they were involved in a fraudulent
Advisers are waiting for a full judgment, expected later, to gauge the extent
to which the ECJ may have limited claims, perhaps by requiring businesses to
know where the goods they have bought have come from.
Report argues that the government must change the way it makes tax and budget decisions
Committee expresses concern about costs to businesses and April 2018 implementation date
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
Top 25 firm HW Fisher & Co has acquired London firm Rhodes & Rhodes