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
Latest Posts in "United Kingdom"
- Guernsey Seeks Companies to Support New GST Administration, Tender Deadline Approaches
- Navigating UK VAT: Key Considerations and Pitfalls in Exporting Goods
- HMRC’s New VAT Error Correction Rules: Stricter Penalties and Reporting Changes Explained
- Supreme Court Clarifies VAT Grouping and Time of Supply Rules in Prudential Assurance Case
- UK Supreme Court Confirms VAT on Intragroup Fees for Former VAT Group Members