Interesting case for VAT in the context of the Upper Tribunal’s comments on what constitutes “economic activity” in this instance between a University and its Student Union body. The issue for the Tribunal to address was whether the Glasgow School of Art (GSOA) was entitled to recover the VAT incurred on the works on to specific part of the building that was being leased to the Student Union (SU) body.
Source: centurionvat.com
