Compound Interest Project v The Commissioners for HM Revenue and Customs: [2009] UKUT 175 (TCC)

Upper Tribunal Tax and Chancery decision of Mr Justice Warren and Judge Bishopp on 15 September 2009.

Read the full decision in Compound Interest Project v The Commissioners for HM Revenue and Customs: [2009] UKUT 175 (TCC).

VALUE ADDED TAX — tax paid in accordance with domestic law provisions later found to be incompatible with Sixth Directive — tax repaid to trader with simple interest — VATA 1994 s 78, FA 1996 s 197, APD etc (Interest Rate) Regs 1998 — whether sufficient remedy — whether tribunal able to interpret statutory scheme so as to award compound interest — no PRACTICE — whether appeal brought in time — nature of decision founding jurisdiction — appeals out of time — whether time should be extended — no.

Published 1 December 2016