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29 April 2008 / Rebecca Cave
Issue: 4156 / Categories: Comment & Analysis , HMRC powers , IR35 , Admin , VAT
If a picture paints a thousand words, asks REBECCA CAVE, is it a good or a service?

KEY POINTS

  • What does HMRC mean by 'service company'?
  • Lack of clarity on form P35 over what HMRC want to know
  • The 2007-08 tax return may be asking the wrong question
  • Relevance of Sharkey v Wernher
  • Difficulties in defining what is a service generally

If I create a picture specifically for you have I provided you with a 'good' or a 'service' or a combination of the two?

This is a serious question because I believe the difference between goods and services is now potentially as important for direct tax as it is for VAT.

Four recent direct tax issues have set me questioning where the dividing line lies between goods and services:

  • service company question on the 2007-08 form P35;
  • service companies question on the 2007-08...

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