Robert Venables QC and Amanda Hardy (instructed by Edwin Coe) for the taxpayers.
Value added tax – Supply of goods or services – Supply – Handguns being removed from public ownership by statute – Compensation being provided by government scheme – Taxpayer surrendering handguns and receiving compensation – Whether taxpayer making supply of goods – Value Added Tax Act 1994, Sch 4, para 1.
Value added tax – Supply of goods or services – Supply for a consideration – Consideration – Direct link between supply and consideration – Handguns being removed from public ownership by statue – Compensation being provided by government scheme – Taxpayer surrendering handguns and receiving compensation – Whether compensation consideration for supply of goods.