When trying to apply VAT in the travel industry, where is a good place to start? Perhaps with the question – when is an agent not an agent? The answer, possibly, is when it’s a principal. No doubt you may be thinking – that doesn’t take me very far – so, perhaps I should explain further.
Source: abta.com
Latest Posts in "United Kingdom"
- Post-Brexit VAT: Why the EU Accepts Imperfect Export Proof but the UK Demands Perfection
- VAT Input Tax Denial Under Kittel Principle – Appeals Allowed Against HMRC
- SK Metals Ltd v HMRC: VAT Input Tax Deductibility and MTIC Fraud Knowledge
- UK Chancellor Considers VAT Rate Adjustments and Threshold Changes in Upcoming Budget
- Upper Tribunal Rules Cosmetic Treatments by Medical Professionals Can Qualify for VAT Exemption
