The ECOFIN council has agreed a VAT directive amendment to make permanent the current minimum standard VAT rate of 15% across the EU. The directive was adopted at the council meeting on 22 June.
Etienne Wong (Old Square Tax Chambers) examines how Wakefield College has supplanted Longridge as the final word on what ‘business’ means for VAT.
VAT on affiliation fees
Date and place of supply of telecoms services
Are payment service providers going to become VAT collectors? Paul Anning and Alistair Godwin (Osborne Clarke) examine HMRC’s proposals.
HMRC is consulting until 20 July on a first draft of a Treasury order introducing a VAT reverse charge for supplies of construction services to businesses from October 2019.
Sean McGinness (Saffery Champness) explores some of the contractual arrangements entered into by developers where there is more than one party.
The Law Society has published interim guidance on the VAT treatment of electronic searches, following its latest engagement with HMRC on what it sees as ‘inconsistencies’ arising from the decision of the FTT in Brabners LLP [2017] UKFTT 666 (TC).
The EU Parliament’s ECON committee has published a further draft report containing a large group of amendments to the Commission’s proposals for tackling VAT fraud through increased administrative cooperation between national tax authorities and law enforcement bodies.
Martin Shah and Gary Barnett (Simmons & Simmons) provide your monthly review of the VAT developments that matter.