Keyword

economic reality

2 decisions turning on economic reality.

Tapi Carpets Limited v The Commissioners for HMRC

Tax LawFirst-tier Tribunal (Tax)22 Apr 2026[2026] UKFTT 1128 (TC)Added 6 Aug 2026

Tapi Carpets Limited is a flooring retailer operating 220 stores in the United Kingdom, selling carpets, vinyl, laminate and engineered wood, largely to domestic customers. Where a customer bought flooring, the customer could…

Simon James McDonald & Christine Mary Mcdonald t/a S McDonald Charters v Her Majesty's Revenue & Customs

Tax LawVAT and Duties Tribunal27 Feb 2006Added 6 Aug 2026

The appellants, Mr Simon James McDonald and his mother Mrs Christine Mary McDonald, claimed to trade in partnership as yacht charterers under the name S McDonald Charters. Mr McDonald junior, a car body re-spray specialist living…

economic reality partnership business vat registration vat