The latest CVC VAT Focus is now available on our website.
This VAT newsletter includes HMRC News and comments on recent VAT cases including:
- Cost Sharing Exemption
- Whether a leasing agreement with an option to purchase is a supply of goods
- Partial exemption – whether VAT incurred on refurbishment of tennis club is recoverable
- Single or multiple supplies? Supplies of admission to ice skating rink and hire of children’s ice skates
- Invalid Information Notice issued by HMRC – unreasonable request
- Direction for HMRC to pay taxpayer’s costs