The European Commission has presented its action plan for a modernised EU VAT system. See www.bit.ly/1Xu2QcI. The high level plan, on which more detail is expected by the end of 2016 and during 2017, includes:
Single or multiple supply?
Was the ‘fish and chips tax’ legal?
Was a mental health unit a ‘hospital or similar institution’?
The DIY scheme and the retention of a gable wall
The CJEU rules that claims handling services supplied by Aspiro are not exempt under article 135(1)(a) of the VAT Directive, say Kevin Carletti & Richard Louden of KPMG.
Mark Watterson and Gary Barnett (Simmons & Simmons) examine the decision in Norseman Gold where the Upper Tribunal denied input VAT recovery to a holding company providing management services for lack of consideration.
Deductibility of input tax on SFPE Units
Lee Squires and Fiona Bantock (Hogan Lovells) provide a round-up of recent developments, including: the CJEU decision in Minister Finansów v Aspiro SA; the Court of Appeal cases of Davis & Dann and BPP Holdings; and the Upper Tribunal decision in Bratt Auto.
Following agreement at EU level, the government has included legislation in Finance Bill 2016 (clause 115) to provide for zero-rating of women's sanitary products. This change will be given effect from a date to be appointed by Treasury order after the Finance Bill receives Royal Assent.