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VAT


How to prepare for and avoid the pitfalls, by Michael Hunter

What is ‘fair and reasonable’ apportionment of residual input tax? Lorraine Parkin reviews the recent First-tier Tribunal decision in Volkswagen Financial Services (UK) Ltd which presents an opportunity to claim a VAT refund

Simon Whitehead reports on a message from the ECJ on the defences available to prevent reimbursement of wrongly levied taxes

Greg Sinfield and Lee Squires identify this month's VAT developments that matter, which include HMRC's guidance on VAT on individual voluntary agreements, a taxpayer win on input tax recovery for hire purchase businesses, and guidance from the ECJ on when a person disposing of land will be liable to VAT.

HMRC has issued further guidance for employers on changes to VAT accounting. Employers will need to account for VAT on the salary foregone by employees in return for vouchers or goods and services from January 2012, HMRC announced on 28 July.

The VAT world is beginning to find its feet with the abuse doctrine established by the decision of the European Court of Justice the Halifax case (Case C-255/02) [2006] STC 919.

Dave Hartnett explains HMRC's customer-centric strategy for VAT services, which includes the transition from paper transactions to a digital future

Card image David Southern QC Ian Hayes Robert Maas John Voyez

The Institute of Indirect Taxation hosted a roundtable discussion at which four leading experts – Robert Maas, Ian Hayes, David Southern and John Voyez – shared their views on the future direction of VAT

Card image Martin Allsop Paul Casey David Jordorson

Martin Allsop considers the challenges faced by in-house teams seeking to unlock value through business partnering, with further in-house perspectives (below) from David Jordorson and Paul Casey

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