VAT

EU VAT began life as an origin-based tax on services and a destination tax on goods. Services, with a few exceptions, were taxed according to where the supplier was located. This worked well enough at a time when most services were provided to...

Was default surcharge proportionate?

Whether price reduction gave rise to VAT refund

This toolkit was further updated in August 2015 to reflect the fact that draft regulations announced at Budget 2015 to prevent deduction of residual input tax in respect of supplies made by foreign branches are still under review and will not have effect from 1 August 2015 as originally intended.

This issue of VAT Notes includes items on: Alcohol Wholesaler Registration Scheme; submitting VAT returns online; tariff classification helpline closing on 1 September 2015; and landfill tax ‘loss on ignition’ testing regime transitional period ending on 31 March 2016.

HMRC has published VAT Notice 749 to help local authorities and other public bodies decide which activities are business or non-business for VAT purposes and when you can reclaim

The Supreme Court has granted leave to appeal to both the taxpayers and HMRC in the case of Investment Trust Companies v HMRC involving a VAT restitution claim where investment trusts are seeking VAT refunds from HMRC that were wrongly charged by the managers of the trusts.

The European Commission is part way through overhauling how it taxes the consumption of goods and services. More needs to be done, writes Leigh Clark (Alvarez & Marsal Taxand UK).

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