Yourway Transport Ltd v. HMRC [2026] UKFTT
27th January 2026
Yourway Transport Ltd, represented by Denis Edwards, has largely succeeded in its appeal against HMRC on its right to deduct import VAT because it was an agent acting in its own name. This is the first major consideration by a tax tribunal of s.47(1) of the Value Added Tax Act 1994 and how it applies to an agent making supplies on behalf of a principal, acting in its own name. It is also a significant decision on the right of import and logistics agents to deduct import VAT when they can show that they are making supplies as an agent acting in its own name. The FTT also clarifies the law on VAT and agents, explaining that it is not necessary for an agent acting in its own name to 'own' the relevant goods before a right to deduct exists.
The full decision can be found here: https://www.bing.com/search?pglt=43&q=baili&cvid=4549c1da85624d82bf24705e2e84dc90&gs_lcrp=EgRlZGdlKgYIABBFGDkyBggAEEUYOTIGCAEQABhAMgYIAhAAGEAyBggDEAAYQDIGCAQQABhAMgYIBRAAGEAyBggGEAAYQDIGCAcQABhAMgYICBBFGEEyCAgJEOkHGPxV0gEIMTE0OWowajGoAgCwAgA&FORM=ANNAB1&PC=DCTS&ntref=1
Click here to download