VAT

‘Financial extremity’ is more than financial hardship.

Martin Shah and Gary Barnett (Simmons & Simmons) provide your monthly review of the VAT developments that matter.

Those involved in the development of or investment in care homes, student accommodation and other institutional living space will likely be familiar with the VAT concept of relevant residential purpose (RRP) in VATA 1994 Sch 8 Group 5...

The facts in Presto Consulting Mr R was an employee of a computer software consultancy company (CSP). In 2009, Mr R resigned from CSP to set up a competing company, Praesto (the appellant), as its sole director. In late 2009, CSP sent a letter before...

It’s the principle, not the money.

Michael Reason (Field Court Chambers) reviews a recent Supreme Court decision, which sets out a five point test for whether a college is an ‘eligible body’ for purposes of the VAT education exemption.

Is the arm’s length principle about to enfold VAT?