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The VAT review for July 2019

Speed read
This month’s update covers two recent decisions on the allocation of input VAT, which indicate the fact specific nature of any attribution enquiry. The case of Royal Opera House exemplifies how a narrow approach to attribution may fail to take into account the fact that costs are economically essential to wider business activities. Perhaps the most interesting aspect of The Glasgow School of Art v HMRC is the indication that a below market rent lease to the Student Union did not amount to an economic activity. Meanwhile, the government has revoked the VAT (Finance) (EU Exit) Order, SI 2019/43, with a view to re-introducing the changes from a fixed date, expected to be 1 April 2020. Finally, further anti-fraud measures continue to be brought in by the government.

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