Clashes between deeming provisions in a complex tax code inevitably give rise to tricky technical questions and, quite often, litigation. The recent case of The Prudential Assurance Company Limited presented the First-Tier Tribunal with such a conundrum in the context of the UK VAT rules regarding groups and the time of supplies.
Source: europeantax.blog
Latest Posts in "United Kingdom"
- SAP Selected by HMRC to Lead Major Technology Transformation of the UK Tax System
- Supreme Court Clarifies VAT Recovery Rules for Corporate Groups After Hotel La Tour Decision
- Appeal Dismissed: Input VAT Denial and Personal Liability Upheld on Kittel Grounds for One Call Consultants
- Input VAT Denial Upheld: Kittel Assessment and Penalties Made Within Statutory Time Limit
- Boehringer Ruling: Could £2.5bn VAT Reclaims Transform UK Pharma and Healthcare Forever?
