TC09555 - [2025] UKFTT 00748 (TC)

Input tax is defined in section 24 VATA as the VAT incurred by a taxable person on the supply of goods and services used for the purpose of the taxable person’s business. Section 24 also authorises the making of regulations pursuant to which VAT so incurred may be treated as input tax only to the extent that the charge to VAT is evidenced and qualified by reference to such documents or other information as may be specified by HMRC. Regulation 29 Value Added Tax Regulations 1995 requires that a valid claim to input tax shall be made only where the taxable person making the claim holds a valid VAT invoice issued by the supplier to the taxable person.