VAT

Tax | VAT updates: March 2015

Our monthly roundup of VAT cases including analysis of the Astral decision on definition of a new building and card processing services in National Exhbition Centre decision by Graham Elliott, transaction tax consultation at Withers Worldwide

2 Mar 2015

Image for elliott pre registration input tax issues sam smith case

Tax | Elliott: Pre-registration input tax issues in Sam Smith case

VAT expert Graham Elliott analyses the implications of the decision in the Sam Smith T/A Heliops case concerning pre-registration input tax

27 Feb 2015

Tax | EU VAT Forum launches call for business members

The European Commission has launched a fresh call for members representing business or tax practitioners with cross-border VAT experience to join the EU VAT Forum

20 Feb 2015

Image for skandia vat grouping ruling forces accounting changes

Tax | Skandia VAT grouping ruling forces accounting changes

HMRC has issued a briefing on the recent Court of Justice of the European Union (CJEU) judgment concerning the impact of the VAT grouping rules on international groups which confirms no changes to UK grouping provisions are required, but indicates there may be changes to UK VAT accounting in some circumstances

17 Feb 2015

Tax | Elliott: time to clarify rules on prompt payment discounts

Graham Elliott, transaction tax consultant at Withers Worldwide, assesses the impact of R&C Brief 49 (2014) and HMRC’s policy on the change in the VAT treatment of prompt payment discounts

4 Feb 2015

Tax | VAT updates: February 2015

VAT expert Graham Elliott reviews the latest developments from changes to VAT refunds for search and rescue charities to the ramifications of the Citibank decision in missing trader intra-community (MTIC) case

2 Feb 2015

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Tax | VAT Q&As: registration under transfer of going concern, cash accounting

Julie Green, VAT consultant considers VAT liability under transfer of a going concern rules, reclaims under the cash accounting scheme and gross interest payments on loans from a non-UK based debtor

26 Jan 2015

Tax | EU rules out minimum threshold for VAT rules for digital sales

The European Commission has refused to introduce a VAT threshold for compliance with the new EU-wide VAT rules on digital sales for small and micro businesses, although they may have limited sales to consumers in Europe

23 Jan 2015

Tax | VAT victory over verandah sales on static caravans

Static caravan owners are to benefit from an Upper Tribunal (UT) decision which has overturned an earlier First Tier Tribunal FTT) ruling supporting HMRC’s view that verandahs attached to the caravans were not zero-rated for VAT, unlike the vehicles themselves

22 Jan 2015

Image for sportech take spot ball vat claim court appeal

Tax | Sportech to take Spot the Ball VAT claim to Court of Appeal

Sportech has announced that its battle with HMRC regarding the VAT status of its ‘Spot the Ball’ competition is not yet over, with the betting and gaming group now granted permission to take its appeal over a £93m VAT repayment to the Court of Appeal

14 Jan 2015

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Tax | Supreme Court rejects Subway franchise appeal request over VAT dispute

The Supreme Court has refused permission for Sub One Ltd, a Subway franchisee, to appeal the Court of Appeal’s decision that standard-rating applied to supplies of toasted sandwiches (known as ‘Subs’) and a product called ‘meatball marinara’

6 Jan 2015

Tax | OECD consults on VAT rules to counter double taxation

Plans to modernise international VAT guidelines to reduce incidences of double taxation on business-to-consumer (B2C) sales have been put out to consultation by the OECD

24 Dec 2014

Tax | VAT waiver for WWI commemorative single

The government is to waiver the VAT on the First World War memorial single which pays tribute to the ceasefires of 1914. Called All Together Now, the song is performed by the Peace Collective, a collection of UK artists and 60 under-12 footballers from both the UK and Germany

22 Dec 2014