Paul Lasok QC sets out forthcoming developments in VAT
HMRC accepts that "extra care accommodation" meeting the standard conditions is "designed as a dwelling" – so that its construction and first sale or long lease will be zero rated – regardless of the use class applied for planning purposes.
A concession allowing the zero rating of the supply of a motor vehicle to a disabled wheelchair user, where the vehicle is adapted shortly after the supply is made, has been withdrawn.
HMRC’s VAT Information Sheet 13/11, concerning electronically supplied services, is a reminder that the standard VAT rate in Ireland increased from 21% to 23% with effect from 1 January 2012.
Richard Wild reviews the top five VAT developments in 2011
Updates to the following VAT Notices have been announced:
Revenue & Customs Brief 39/11 discusses the implications of the ECJ decision in HMRC v The Rank Group plc, confirming the findings of the UK courts on interpretation of the principle of fiscal neutrality.