Strange tribunal decision for online jewellery business
Editor | 10 February 2017
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An unusual tax tribunal raises questions about online businesses paying VAT, particularly in cases involving multiple parties.

The case background:
The recent tribunal case concerned the jewellery business, Partnership, which had a very close working relationship with a sole trader – Alla Kisil T/A Jewellery 4 All.

In 2009, the two members of the Avalaya partnership lent US$60,000 to the sole trader, who was a personal friend of the partners. The loan was to be repaid in pounds sterling.