LINDA LEACH and MARC WELBY examine the effects of European VAT law when parking your car.
IF YOU THOUGHT that parking your car was simple, bring VAT into consideration and it starts to become a taxing activity. The case of the Isle of Wight Council (18557) has taken four years to come before the VAT tribunal, a further six months to get to the High Court, and is now due to go back to the tribunal.
JOHN H BARNES considers how a dispute over the VAT treatment of vaccines and administered drugs led to the House of Lords.
VAT Registration
A Knotty Problem
PHILIP and SARAH McNEILL warn of the pitfalls when registering for VAT.
Two cases on VAT avoidance schemes: Blackqueen Limited (17680); and The University of Huddersfield Higher Education Corporation (17854).
Dodgy motor scheme?
A case of some notoriety at the VAT Tribunal, made available last summer, concerned a convoluted tax avoidance scheme entered into by a group of companies within the motor trade. The purpose of this scheme was to enable the group to obtain full input tax credit for VAT purposes on purchases of vehicles, but to account for output tax only on the profit margin.
Recent case law concerning best judgment VAT assessments raised by Customs using their legislative powers
Download the exclusive Xero
free report here.
