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VAT


Lee Squires and Fiona Bantock (Hogan Lovells) provide your monthly review of the VAT developments that matter.
 
The Supreme Court has again had the opportunity to consider the application of the Redrow approach to VAT on tripartite arrangements in the Airtours case. Nick Skerrett and Gary Barnett (Simmons & Simmons) analyse the judgment and draw attention to some consequential loose ends. 
 
Gregg Pearman (BDO) answers a query on whether schools converting to academy trusts are required to submit VAT returns immediately following their conversion.
 

The courts are reluctant to tie HMRC down to its assurances unless made in the clearest and most unambiguous circumstances, as a recent case illustrates. 

A recent case reveals that HMRC does not know the meaning of ‘VAT’.
 

Recovery of input tax incurred on production of a report

Halifax applied in relation to a scheme for the recovery of input tax

Was the hire out of a room a supply of land?

Was the provision of transport services an economic activity?

HMRC has published Revenue & Customs Brief 10/2016, revising its position on unjust enrichment.

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