UK High Court’s Investment Trust Companies ruling is good news for VAT recovery claims

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

UK High Court’s Investment Trust Companies ruling is good news for VAT recovery claims

April 03 2013
vat-small.jpg

Robert Waterson, senior associate at Hage Aaronson, explains why the further judgment in Investment Trust Companies (In Liquidation) v HMRC (ITC) is good news for taxpayers who suffered unlawfully levied VAT but had no direct right of action against HM Revenue & Customs (HMRC) under section 80 of the Value Added Tax Act 1994 (VATA).

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

NewsEuropean UnionUnited KingdomTax DisputesEurope
more across site & shared bottom lb ros

More from across our site

Transfer Pricing
Medtronic 600 x 375
Medtronic ruling will likely embolden IRS TP challenges: expert
ITR spoke to two US TP experts about the long-running dispute, with one arguing that the case highlights ‘weaknesses’ with the comparable uncontrolled transaction method
Sam Sholli, September 18 2025
Direct Tax
Riyadh
A&M Tax continues rapid Asia expansion with Saudi Arabia launch
The new practice, which features former ‘big four’ experience, already has over 20 team members
Tom Baker, September 17 2025
Direct Tax
ai in tax 2025 in house panel.jpg
AI to transform tax profession, say in-house experts
Speakers from companies including Uber and Stripe told the inaugural AI in Tax Forum to brace for impending changes to how advisers work
Ed Conlon, September 17 2025
Direct Tax
futuristic airport
New Indian ruling on applying multilateral instruments and PPT provisions: analysis
Authors from Khaitan & Co dissect a ‘welcome’ ruling, which found that the mere existence of a tax benefit would not, by itself, warrant a principal purpose test
Sanjay Sanghvi, September 16 2025
Direct Tax
Big Ben and the Houses of Parliament at night in London, UK
Three-quarters of UK public support PCbCR: report
Over two-thirds of survey respondents back the continuation of the UK’s digital services tax, research commissioned by the Fair Tax Foundation also found
Tom Baker, September 15 2025
Direct Tax
Africa
A taxing week: The OECD must take developing countries seriously
Given the US/G7 pillar two deal, the OECD is in danger of being replaced by the UN as the leading global tax reform forum
Sam Sholli, September 12 2025
Direct Tax
Irvine, CA, USA - May 6, 2022: Grant Thornton logo is seen at the company's office in Irvine, California. Grant Thornton LLP is a global independent accounting and advisory organization.
This week in tax: PE house Cinven invests in Grant Thornton Germany
Cinven’s latest investment follows its acquisition of a stake in Grant Thornton UK in December; in other news, a barrister listed by HMRC as a tax avoidance promoter has alleged harassment
Tom Baker, September 12 2025
Direct Tax
OECD
Corporate income tax rate reductions slowing down: OECD report
CIT base narrowing measures remain more prevalent than increased CIT rates, the report also highlighted
Sam Sholli, September 11 2025
Direct Tax
lbg logo.png
Legal Benchmarking Group acquires The Lawyer
ITR's parent company, LBG, will acquire The Lawyer, a leading news, intelligence and data-driven insight provider for the legal industry, from Centaur Media
Ed Conlon, September 11 2025
Transfer Pricing
UK and Netherlands
Multilateral APAs in the UK and Netherlands: a history
KPMG UK’s Graeme Webster and KPMG Meijburg & Co’s Eduard Sporken outline the 20-year evolution of MAPAs, with DEMPE analyses becoming more prevalent and MAPA requirements growing stricter
Graeme Webster, September 11 2025
Gift this article