Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Overclaimed input tax

01 September 2015
Issue: 4516 / Categories: Tax cases , VAT
Gdeco Ltd (TC4451)
The company Gdeco built new homes. The director W dealt with invoicing record keeping and submitting VAT returns. 
At a VAT visit the HMRC officer was concerned about two matters.
First an invoice to Gdeco for construction work from an associated company (Oakstone Homes Ltd) also controlled by W charged VAT of £4 560 although it should have been zero rated. Gdeco claimed the input tax in its VAT return although the other company had not accounted for the output tax because at the time of the visit its VAT return was outstanding. The officer disallowed the claim.
Second Gdeco claimed input tax of £1 699 on the purchase of a photo booth. This had been bought in April 2014...

If you or your firm subscribes to, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.

back to top icon