In Spectrum Community Health CIC v HMRC [2022] UKFTT 237 (TC) (1 August 2022) the FTT held that the taxpayer's supplies of various healthcare services to prisoners in England were one single composite supply that was exempt rather than multiple separate supplies with differing VAT status as the taxpayer contended. Notably the FTT found that Spectrum had been engaged to deliver an integrated primary healthcare service equivalent to that provided by the NHS in the general community. This was in the FTT’s view a single supply that it would be artificial to split. Read the decision.
In certain tightly-defined circumstances a sole trader who incorporates a business can set pre-incorporation losses against income (such as dividends or salary) derived from the company to which the business was transferred. InG Davis v HMRC [2022] UKFTT 274 (TC) (15 August) in...
