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VAT briefing for April 2012

Speed read

The High Court ruled that the withdrawal of LVCR on goods from the Channel Islands is compatible with EU law. In Pendragon, the Upper Tribunal found an abusive practice under arrangements that sought to take advantage of the margin scheme for second-hand cars. In Klub, the CJEU reaffirmed the principle that input VAT incurred on goods allocated to business use is deductible even if the goods are not immediately used for business purposes. In Spectrum, the First-tier Tribunal held that it had no jurisdiction to consider ex gratia payments by HMRC, but expressed the hope and expectation that HMRC would make one.

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