On 24 April 2020, the Court of Appeal rejected Rank’s attempt to circumvent the 4-year limitation period that had time-barred its earlier claims. Rank argued that HMRC should have brought Rank’s out-of-time claim into account when calculating other, earlier, in-time claims. However, on 23 February 2021, the UK Supreme Court refused Rank’s application for permission to appeal.
Source: monckton.com
Latest Posts in "United Kingdom"
- HMRC Guidance: How to correct VAT errors and make adjustments or claims (VAT Notice 700/45)
- Supreme Court Decision Mandates Prudential to Pay VAT on £9.3 Million Success Fees
- UK Supreme Court Rules on VAT Grouping and Time of Supply in Prudential Case
- High Court Rules in Favor of Hotelbeds UK on Input Tax Recovery Without VAT Invoices
- HMRC Updates Notice 700/45: Correcting VAT Errors, Claims, and Penalties Guidance Revised
