In Heating Plumbing Supplies, the FTT held that VAT incurred on professional fees relating to a management buyout could be recovered. The European Commission has adopted a package of proposals to facilitate cross-border e-commerce in the EU. In Mercedes Benz Italia, the CJEU held that the level of turnover generated was indicative but not determinative of whether finance activities could be treated as ‘incidental’ for partial exemption purposes. In Wiltonpark Ltd, the Court of Appeal upheld the UT’s decision that the encashment of a voucher was not an exempt supply because it involved the provision of other services by the taxpayer.
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