Deduction of VAT by holding companies – The Larentia and Minerva case
Background We have provided input to HMRC on how to apply the ECJ judgment in Be
VAT Expert Group opinion of EU Action Plan for VAT
The EU’s action plan for VAT provides, among other things, for:
European Commission publishes VAT Action Plan to modernise the EU VAT system
Considering the current VAT system to be too complex and vulnerable to fraud, the European Commission published its...
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Will alignment of VAT disclosure with DOTAS be effective?
Background HMRC has published a consultation called Strengthening the Tax Avoidance Disclosure Regimes for Indirect Tax...
Tackling VAT evasion via online marketplaces – fulfilment houses
Background Budget 2016 announced measures to tackle VAT loss arising from overseas businesses failing to account for th...
VAT groups – changes coming?
The judgment in Larentia and Minerva (Case C-109/14) concluded, inter alia, that national legislation limiting membershi...
VAT on room hire – an update
We raised with HMRC the issue of room hire and, in particular, room hire for weddings and similar events some while ago....
Use and enjoyment
HMRC has published a draft statutory instrument requiring the application of the ‘use and enjoyment’ rule to determine t...
European branch: Indirect taxes conference round-up
IOT’s European branch held its annual indirect taxes conference in London on 11 February.
Review of VAT grouping
HMRC plans to undertake a consultation on three issues relating to VAT groups and cost sharing.