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VAT


Lee Squires and Fiona Bantock (Hogan Lovells) provide your monthly review of the VAT developments that matter.
 

Had the option to tax been validly exercised?

Was a corporate body a college of a university?

HMRC has updated its VAT appeal updates list, setting out the status of recent VAT cases decided against it at the First-tier Tribunal, Upper Tribunal or higher courts and whether or not it intends to lodge appeals. See www.bit.ly/1IyhEkv.

Ruth Corkin (Grant Thornton) on whether a golf club needs to account for VAT on non-member fees and if a claim can be made for VAT over paid.
 
The ATT has called on HMRC to consider a review of the 51 business categories specified for the flat-rate scheme, following a number of recent First-tier Tribunal decisions in favour of taxpayers who have used the sweep-up category for ‘other...

The Court of Appeal judgment in The Open University raises the question as to what can be defined as education for VAT purposes. Laurie Pay and Robert Holland (Deloitte) review the impact of the decision.

The recent tribunal decision in Stocks Fly Fishery illustrates how the fine detail of an arrangement can affect the VAT outcome, writes Graham Elliott (City & Cambridge Consultancy Ltd).

John Brinsmead-Stockham (11 New Square) considers HMRC’s arguments, which suggest a possible method for taxpayers to recover input tax in situations involving ‘third-party consideration’.

 

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