CRC v chancellor, masters and scholars of the University of Cambridge, Upper Tribunal
Is there any clawback of reclaimed VAT on a change of letting type?
CD Lissack (TC4334)
VAT charge on rent from a hotel apartment and recovery on expenses
Hurlingham Club (TC4283)
Claiming input tax in light of recent Revenue guidance
T J Charters LLP (TC4011)
CRC v Lok’nStore Group plc, Upper Tribunal (Tax and Chancery Division)
HMRC have published a report on the impact of the VAT option to tax, the measure introduced in 1989 to alleviate the burden on UK businesses.
A supplier of land can opt to tax to recover the VAT incurred as input tax. The system removes the VAT cost for developers and investors, but they must charge output tax on onward sales and leases.