VAT

HMRC has reviewed its guidance on the recovery of VAT incurred by holding companies in the wake of the Court of Appeal decision in the case of BAA Ltd [2013] STC 752.

Quantum of claim decided at prior hearing

TOGCs and Fleming claims

Group reorganisations and Fleming claims

The CJEU has held that reverse charge VAT is due where an overseas entity recharges costs to a branch registered within a VAT group, in a decision that sits uncomfortably with the principle in FCE Bank. Nick Skerrett and Gary Barnett (Simmons & Simmons) consider the implications.

Advisers are warning that the recent CJEU decision in Skandia America Corp (C-7/13) could have a major impact on VAT groups across the EC. Skandia concerned a VAT group in Sweden where one of the group members (the Swedish branch of a US company) was...

Yacht used for both business and personal purposes

VAT and games of chance

VAT chargeable on cross-border supplies to branches

Eight years after the Court of Appeal’s decision, the FTT has been asked to reconsider the VAT treatment of Bookit’s card handling fees, in the latest attempt by HMRC to narrow the scope of the Bookit CA decision, say Nicholas Gardner and Sara Mardell (Ashurst).