Lee Squires and Fiona Bantock review the recent VAT developments that matter, including the judgment of the CJEU in Grattan (adjustments to taxable amount) and the Advocate General's opinion in GkBk (fund management services).
‘Outstanding returns campaign’ warns of closer scrutiny after 28 February
Government accepts that exemption does not comply with EU law
VAT fraud is a ‘bigger drain on the public purse’ than corporation tax avoidance, says BDO partner
Revenue & Customs Brief 37/12
Revenue & Customs Brief 40/12
Michael Camburn and Gavin McLoughlin consider the CA decision in a case on the VAT tour operators' margin scheme.
Briefs 34/12 and 35/12
SI 2012/3060
How does EU-level action on taxation affect the UK?