This brief explains how HMRC now approaches determining if an activity is a business activity for VAT purposes. In determining this, there should be no reliance on an organisation’s overall objective or profit motive.
Source gov.uk
Latest Posts in "United Kingdom"
- HMRC Guidance: How to correct VAT errors and make adjustments or claims (VAT Notice 700/45)
- Supreme Court Decision Mandates Prudential to Pay VAT on £9.3 Million Success Fees
- UK Supreme Court Rules on VAT Grouping and Time of Supply in Prudential Case
- High Court Rules in Favor of Hotelbeds UK on Input Tax Recovery Without VAT Invoices
- HMRC Updates Notice 700/45: Correcting VAT Errors, Claims, and Penalties Guidance Revised
