The UT has held that the Trust was entitled to a refund of VAT under the COS regime. The UT agreed with HMRC that the concept of ‘supply’ for VAT purposes, including case law on whether there was a single or multiple supply, was relevant. This was in contrast to the Trust’s argument that whether a transaction fell within the relevant COS provisions should be determined as a matter of simple language or classification and that it was only necessary to establish that the combined services corresponded to the description in COS.
Source: deloitte.com
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