The Commissioners for HM Revenue and Customs v BAA Ltd: [2011] UKUT 258 (TCC)
Upper Tribunal Tax and Chancery decision of Mrs Justice Proudman and Judge Ghosh on 22 June 2011.
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Whether VAT recoverable as input tax on professional fees incurred by a bidding company in the course of a takeover of a target company which was a member of a VAT group; whether such services were attributable to the economic activities of the acquiring company combined with the taxable supplies of the VAT group; whether there was a direct and immediate link between the supplies constituted by the services and taxable supplies made by the VAT group; appeal by HMRC against decision of First-tier Tribunal successful; claim for input tax denied.
Published 1 December 2016