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VAT

27 February 2015
Issue: 7642 / Categories: Case law , Law digest , In Court
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Investment Trust Companies (in Liquidation) v Revenue and Customs Commissioners[2015] EWCA Civ 82, [2015] All ER (D) 181 (Feb)

Two sets of proceedings had concerned the repayment of VAT on management services provided to closed-end investment trusts companies, and a number of rulings had been made by the Chancery Division in respect of changes in the legislation that had affected the trusts’ entitlement to reclaim VAT from the Revenue and Customs Commissioners. Both the trusts and the Revenue appealed. The Court of Appeal, Civil Division, allowed the appeals and, in so doing, clarified the scope of s 80(7) of the Value Added Tax Act 1994.

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MOVERS & SHAKERS

Birketts—trainee cohort

Birketts—trainee cohort

Firm welcomes new cohort of 29 trainee solicitors for 2025

Keoghs—four appointments

Keoghs—four appointments

Four partner hires expand legal expertise in Scotland and Northern Ireland

Brabners—Ben Lamb

Brabners—Ben Lamb

Real estate team in Yorkshire welcomes new partner

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