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Weald Leasing Limited v Commissioners for the HM Revenue and Customs – VAT Tribunal

VAT – AVOIDANCE – Abuse of rights – Appellant associate of exempt trader purchasing assets to lease to separate company to lease on to exempt trader – Associate outside VAT group – Associate credited with input tax on purchases – Insertion of separate company avoided direction under VATA 1994 Sch 6 para 1 – Purpose of transaction to avoid or defer VAT of exempt trader – Halifax ECJ [2006] STC 919 considered – Purpose of legislation – Whether transactions contrary to purpose – Redefinition of transactions if abuse – Appeal allowedHugh McKay (in 2005) and Nicola Shaw for the Appellant

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Gray’s Inn Tax Chambers is delighted to have been shortlisted for Tax Set of the Year and Nicola Shaw KC for Tax Silk of the Year in this year’s Chambers UK Bar Awards 2024.
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