[69C Transactions connected with VAT fraud]
Value Added Tax Act 1994 (1994 c 23) | Legislation

[69C  Transactions connected with VAT fraud]

[(1)     A person (T) is liable to a penalty where—

(a)     T has entered into a transaction involving the making of a supply by or to T (“the transaction”), and

(b)     conditions A to C are satisfied.

(2)     Condition A is that the transaction was connected with the fraudulent evasion of VAT by another person (whether occurring before or after T entered into the transaction).

(3)     Condition B is that T knew or should have known that the transaction was connected with the fraudulent evasion of VAT by another person.

(4)     Condition C is that HMRC have issued a decision (“the denial decision”) in relation to the supply which—

(a)     prevents T from exercising or relying on a VAT right in relation to the supply,

(b)     is based on the facts which

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