FTT determines that HMRC within its rights to deem option to tax effective despite lack of permission (Rolldeen Estates Ltd v HMRC)

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Tax analysis: In Rolldeen Estates Ltd, the First-tier Tax Tribunal (FTT) held that there was no right to appeal against a decision made under a VAT provision that allows HMRC to retrospectively dispense with the requirement for a taxpayer to obtain prior permission before opting to tax land and buildings. It also held that the provision could have effect in relation to an option which was effective before it came into force on 1 June 2008, but only in relation to supplies made after that date.