Flashpoint Technology Ltd v Revenue & Customs [2011] UKFTT 353 (TC) (01 June 2011)

Flashpoint Technology Ltd v Revenue & Customs [2011] UKFTT 353 (TC) (01 June 2011)

Flashpoint knew, through its directors, that its transactions were connected with fraudulent VAT evasion. Its trading practices, lack of due diligence, and features of the transactions demonstrated knowledge of fraud. Therefore, it forfeited the right to deduct input tax under the principles established in Kittel and Mobilx.

Citation
[2011] UKFTT 353 (TC)
Parties
Appellant: Flashpoint Technology Ltd; Respondents: The Commissioners for Her Majesty’s Revenue and Customs
Jurisdiction
United Kingdom
Judgment Date
01 June 2011
Procedural Posture
VAT Input Tax Appeal / Final Judgment
Outcome
Appeal dismissed
Legal Topics
Input Tax Deduction, MTIC Fraud, Due Diligence, Knowledge of Fraud, EC Law Principles

Case Brief

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Parties

Flashpoint Technology Ltd

Appellant

The Commissioners for Her Majesty’s Revenue and Customs

Respondents

Procedural Posture

VAT Input Tax Appeal / Final Judgment

  1. 1 Were Flashpoint’s transactions connected to fraudulent VAT losses?
  2. 2 Did Flashpoint know or should it have known of the connection to fraud?

Ratio Decidendi

Flashpoint knew, through its directors, that its transactions were connected with fraudulent VAT evasion. Its trading practices, lack of due diligence, and features of the transactions demonstrated knowledge of fraud. Therefore, it forfeited the right to deduct input tax under the principles established in Kittel and Mobilx.

Court Disposition

Appeal dismissed

Orders

  • Input tax deduction claim denied
  • No repayment of input tax to Flashpoint