The Upper Tribunal (UT) case Royal Opera House Covent Garden Foundation (ROH) (UKUT0132) calls into question the approach to be taken by organisations that undertake non-business (outside the scope of VAT) and business activities (taxable and exempt) to determine the quantum of VAT incurred on expenditure that they are entitled to recover.
Source RSM
Latest Posts in "United Kingdom"
- Understanding VAT Obligations and Reliefs for Charities in the UK
- AI in Tax: Balancing Innovation and Risks in a Rapidly Evolving Landscape
- Guide to Claiming VAT and Import Duty Repayments: Eligibility, Process, and Requirements
- Deos Group.co.uk Ltd Wins Appeal Against HMRC on VAT Input Tax Disallowance and Penalty
- Colchester Institute Corporation v HMRC: VAT on Government Grants for Free Education Services