Read the full decision in  UKUT 360 (TCC)
Redefinition of abusive transaction under Halifax principle– Taxpayer
assessed to tax in respect of deductions wrongfully made in relation to the
redefined transaction - Whether HMRC must subtract from the assessment
the amounts of tax already paid – Whether HMRC may require the taxpayer
to reclaim tax already paid as overpaid tax under s.80 VATA 1994.
Published 1 December 2016