INDIRECT TAXES

Refusal to return a confiscated item

Supplies by a landlord

The European Commission’s VAT Expert Group (VEG) has adopted an opinion on the EU cross-border rulings (CBR).

Tarlochan Lall (Monckton Chambers) reviews the Upper Tribunal decision in Southern Cross, which illustrates that HMRC’s ability to recover a repayment of VAT is limited when the refund arises under a compromise agreement

Collection of tax by a third party

MTIC fraud and the recovery of input tax

In the past, financial services organisations have been able to adopt VAT partial exemption methods. These allow them to ‘look through’ to the supplies made by foreign branches and determine their recovery in proportion thereto, or to simply include...

Vaughn Chown (Gabelle) answers a query on VAT on the sale of food.

In this month’s briefing, Lee Squires and Fiona Bantock (Hogan Lovells) cover the latest on pension fund management costs; the Budget announcement on partially exempt businesses with foreign branches; VAT on e-books; and the decision in Colaingrove.

On 27 March 2015 the EC gave state aid approval to all of the UK’s aggregates levy exemptions, with the exception of shale aggregate in specific circumstances.