VAT

Revenue and Customs Brief 43 (2014) sets out HMRC’s response to the decision in Fiscale Eenheid PPG Holdings BV cs te Hoogezand (C-26/12).

The case concerned an employer’s entitlement to deduct VAT paid on services relating to the administration of defined benefit pension schemes and the management of their assets.

HMRC have announced new fuel rates for company cars, to apply to all journeys on or after 1 December 2014 until further notice. Employers may use either the previous or new rates for one month from the date of change, and therefore make or require supplementary payments, but are under no obligation to do either. Petrol hybrid cars are treated as petrol cars for this purpose. The amounts can be used for VAT, but employers will need to retain receipts.

Dividing business in the UK and in the rest of EU into two separate entities will not be seen as revenue splitting when it comes to registering for the VAT mini one-stop shop (MOSS), HMRC have appeared to accept.

Management costs relating to defined contribution (DC) occupational pension schemes are to be treated as exempt from VAT, HMRC have announced.

T J Charters LLP (TC4011)

Will the new e-services rules affect a UK photographer who works in France?

Fleming Agri-Products Ltd (TC4077)

Calculating the VAT implications of an EU supply of financial advice

Careless error penalties: their application and consequences

Farm capital gains; It’s a gas; Pension plans; Plot development

S Tranter t/a Dynamic Yoga (TC4071)

HMRC appeal against Brockenhurst College ruling set for February