How taxpayers could claim bad debt VAT relief after BT and GMAC

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

How taxpayers could claim bad debt VAT relief after BT and GMAC

20pound-notes03250003small.jpg

BT and GMAC’s victory in a landmark case at the UK’s Upper Tier Tax Tribunal earlier this month allowing them to claim VAT rebates on bad debts from 1973 to 1997, opens the door for many other companies to make claims of their own.

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
more across site & shared bottom lb ros

More from across our site

Cormann is OECD secretary-general
Woldenberg is CEO of Chicago toymaking company Learning Resources
Lula, as he is commonly known, is Brazil’s president
Agarwal is director for indirect tax operations at shopping mall operator Majid Al Futtaim
Perez is global practice leader of Alvarez & Marsal Tax
Monaghan is CEO of the Fair Tax Foundation
Roth is Luxembourg’s finance minister
Neidle is director of Tax Policy Associates
Zucman is an economist and professor at the Paris School of Economics
Gary is executive director of the Financial Accountability and Corporate Transparency Coalition
Gift this article