VAT Update: November 2008

The latest VAT issues from first tier tax tribunal decisions, amended VAT rates and HMRC updates to relief schemes

VAT apportionment agreement

There is no statutory framework for apportioning costs related to both business and non-business activities. Charities often agree the apportionment basis in writing, to provide certainty. The level of such certainty has been put into doubt by the VAT tribunal decision against Oxfam (20752).

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