Originally printed in Tax Journal on 4 April 2014
Robert Waterson considers the High Court decision in Littlewoods concerning the recovery of compound interest on overpaid VAT, which was handed down on 28 March 2014 in the High Court. This substantial judgment represents a comprehensive win for the taxpayer and is relevant to the many hundreds of companies which have claims pending for the recovery of compound interest in respect of overpaid VAT (as well as certain direct tax disputes concerning EU law).
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