Centralan Property

Centralan Property Ltd v C & E Commrs (Case C-63/04) [2007] BVC 341 illustrates the type of planning that Reg115(3) seeks to prevent. There are aspects of the case which are no longer relevant due to subsequent changes in the law and the mechanics of the current disposal test and exercise of HMRC’s discretion were not considered.

The case involved an artificial VAT planning scheme entered into by the University of Central Lancashire. Centralan is a subsidiary of the University.

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