VAT

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Skyview Ballooning Ltd (TC3173)

Esporta Ltd v CRC, Court of Appeal

Secret Hotels2 Ltd v CRC, Supreme Court

A VAT-registered business has received an order from Russia for office furniture. This will be ordered from a French supplier and, as requested, the goods will be delivered directly from France to a charity in Germany

Colchester v CRC, Upper Tribunal (Tax and Chancery Chamber)

Reed Employment Ltd v CRC, Court of Appeal

Edgeskill Ltd v CRC, Upper Tribunal (Tax and Chancery Chamber)

Annova Ltd v CRC, Upper Tribunal (Tax and Chancery Division)

Earnings from trading with the virtual currency bitcoin are to be free of VAT, HMRC have announced.

The tax department has set out its position on the treatment of income received from and charges made in connection with activities involving bitcoin and other cryptocurrencies.

Bitcoin operates through a peer-to-peer network, independent of any central authority or bank; transactions are recorded in a shared public database called a block chain.

A construction company is carrying out work for a main contractor on a university building. The contractor has asked the company to charge VAT at only 4% to reflect the level of input tax recovery

HMRC have accepted that the ruling in the VAT case Goals Soccer Centres plc (TC2253) applies to all relevant traders.