VAT

Wheels Common Investment Fund Trustees Ltd v HMRC (and related appeals) Case C-424/11, ECJ

Morgan Arthur (TC2398)

A physiotherapist provides her services through a company. She intends to give up the practical side of her work but continue to lecture and provide personal training

HMRC have announced new fuel rates for company cars, which apply to all journeys on or after 1 March 2013 until further notice. For one month from the date of change, employers may use either the previous or new rates and therefore make or require supplementary payments, but they 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.

Borough Council of King’s Lynn and West Norfolk (TC2342)

UK referred to EU court of justice

A property developer has converted a barn to a dwelling house and built another house, but has been unable to sell them. He intends to let the properties for a year and then put them back on the market.

BAA Ltd v CRC, Court of Appeal

Mark Young (t/a The St Helens) (TC2371)