Revenue & Customs Brief 39/07

Weald Leasing Ltd

The decision of the VAT and Duties Tribunal in this case (given on 7 February 2007) has excited the interest of VAT practitioners. HMRC believe that the case was not correctly decided by the Tribunal and that it failed properly to understand, and thus to follow, the European Court’s guidance in the Halifax case. HMRC has accordingly appealed the Tribunal’s decision to the High Court, where it will be represented by Melanie Hall QC and Raymond Hill, who also appeared before the Tribunal.

Issued 8 May 2007