25 October 2016 UK Upper Tribunal holds right to make VAT repayment claim belongs to representative member of VAT group The UK Upper Tribunal released its decision on October 20, in the joined cases of Lloyds Banking Group plc, Standard Chartered PLC, MG Rover Group Ltd and BMW (UK) Holdings Limited. The Upper Tribunal held that the right to make a Value Added Tax (VAT) repayment claim belongs to the representative member of the VAT group even after the "real world supplier" (RWS) leaves the VAT group. A Tax Alert prepared by Ernst & Young's UK Indirect Tax group, and attached below, provides additional details. Document ID: 2016-1806 |
