In Target Group Ltd v HMRC [2021] ECWA Civ 1043 (Target), the Court of Appeal (CoA) has found unanimously that outsourced loan servicing is not exempt from VAT when the servicing is only performed by a third party loan servicer after the loan has been granted.
Source Deloitte
Latest Posts in "United Kingdom"
- UK Introduces VAT Relief on Donated Goods, Boosting Charitable Giving and Reducing Waste
- Cross-Border VAT Compliance for Gibraltar Digital Services: B2B vs B2C Risks and Audit Defences
- HMRC Issues Draft Guidance on Advance Tax Certainty Service for Major UK Investment Projects
- Morrisons Hit with £17m VAT Bill After Losing Rotisserie Chicken Tax Court Battle
- FTT Overturns VAT Input Tax Denial and Penalties for G.M.P Baird Ltd in Kittel Case
