Paul Reynolds

Tax

Paul has a strong tax practice and. from April 2013 to August 2013 Paul was seconded to the Financial Conduct Authority, working in the Enforcement Division. He advised on points of law, and potential breaches of FSMA arising out of the Keydata case.

Selected Cases

• Build-A-Bear Workshop UK Holdings Limited v Revenue and Customs [2021] UKUT 67: Successfully resisted VAT appeal. Led by Owain Thomas QC.
• Represented a taxpayer in important case concerning the correct test for determining when a dwelling’s council tax band may be altered.
• Advised taxpayers on the English and European law relating to VAT groups and claims for repayment of overpaid taxes.
• HMRC v Marco Trading: Assisted in drafting the skeleton argument for HMRC who were appealing the decision of the First Tier Tribunal in a matter relating to the EU system for preferential treatment in respect of imports from certain developing countries. HMRC argued that the relevant supplies did not qualify for preferential treatment because, inter alia, their origin had not been adequately proved by the importing company.
• Drafted the skeleton argument resisting an appeal from a decision of HMRC that the appellant company had failed to account for VAT on taxable supplies that it made in the UK. The appeal raised questions relating to place of establishment for tax purposes and allegations of abuse of the EU VAT rules.
• Assisted in providing advice in relation to the Financial Transaction Tax being proposed by the European Commission (2013).