TaxCorporate TaxPark uses Fleming defence to win £1.9m tax rebate

Park uses Fleming defence to win £1.9m tax rebate

Vouchers and Christmas hampers supplier Park Group received the rebate after appealing against the VAT accounting treatment of commission paid to agents

Park Group has clawed £1.9m back from the taxman after appealing against the
VAT accounting treatment of commission paid to agents.

The vouchers and Christmas hampers supplier received the rebate after
appealing against the VAT accounting treatment of commission paid to agents,
sharecast.com
reported.

HM Revenue & Customs settled
the
‘Fleming’ claim
in respect of an over declaration of output tax between 1978
and 1996.

Following a decision by the House of Lords, the Fleming case paved the way
for a slew of companies to claw back over-paid or under-claimed VAT beyond a
three-year limit.

Further reading:

Drive
to reclaim fleet support VAT

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