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CVC VAT Focus 29 July 2015

The latest CVC VAT Focus is now available on our website. This VAT newsletter contains HMRC news and case updates regarding: Input tax recovery Transfer of a going concern (TOGC) and VAT group Holding company – right to recover...

Direct Mail Marketing – July 2015

Direct Mail Marketing – July 2015  HMRC has published its long awaited Brief 10/15 regarding the VAT liability of direct mail marketing using printed matter. Last month HMRC published revised editions of VAT Notice 700/24 ‘Postage, delivery charges and...

CVC VAT Focus 9 July 2015

The latest CVC VAT Focus is now available on our website. This VAT newsletter includes a VAT update following the Summer Budget 2015, and VAT cases with regards to the following: Input VAT – attribution to taxable supplies. Input...

Input VAT – attribution to taxable supplies, July 2015

The North of England Zoological Society (the Society) appealed against HMRC’s assessments for input VAT in excess of £1.3 million which HMRC concluded the Society was not entitled to recover. The Society makes both taxable (retail and catering) and...

CVC VAT Focus 26 June 2015

The latest CVC VAT Focus is now available on our website. This VAT newsletter includes HMRC news and comments on recent VAT cases: VAT recovery in relation to VAT incurred on fund management fees. VAT liability of the construction...

Fund Management Fees VAT Alert – June 2015

Another defeat for HMRC on Fund Management Fees in Upper Tribunal  The Upper Tribunal has released its decision in the case of The Chancellor, Masters and Scholars of the University of Cambridge (UKUT 0305 TCC).  This case was heard...

Direct Mail Marketing Services Alert – June 2015

CVC has previously reported on the VAT treatment of direct mail marketing services. In a letter to the Direct Marketing Association (DMA) dated 16 July 2014 HMRC stated that it does not view postage services provided in addition to...

CVC VAT Focus 5 June 2015

The latest CVC VAT Focus is now available on our website. This newsletter includes HMRC news and comments on recent VAT cases.  

Compound Interest Alert – May 2015

The Court of Appeal released its judgment in the case of Littlewoods last Thursday. This case relates to the argument that European law requires the payment  of compound interest by HMRC in cases where VAT was collected and paid...