Totel Distribution Ltd v CRC, Upper Tribunal (Tax and Chancery Division)
Mr and Mrs Baldwin t/a Ventnor Towers Hotel (TC3615/TC3755)
CRC v Earlsferry Thistle Golf Club, Upper Tribunal (Tax and Chancery Division)
Can HMRC challenge VAT rebate claims from members’ golf clubs?
What are the VAT implications on sales to fraudulent credit card users?
Idess Ltd (TC3638)
A view of the tenth and last Finance Bill debate sitting
The taxation of a builder’s gratuitous payments from satisfied customers
HMRC reveal two-part post-Bridport approach
Roald Dahl Museum and Story Centre (TC3445)
Evidence required to confirm VAT need not be charged on a property sale
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.
Download the exclusive Xero
free report here.
