Whether UK VAT de-supply rules contrary to EU law

The First tier Tribunal has rejected VWFS’s contention that the UK VAT de-supply rules, introduced in 2006 following the judgment in GMAC were contrary to EU law.  The case involves a claim for repayment of £24m VAT for the period...

VAT and the margin scheme

In a case (Litdana UAB, Case C-624/15) concerning the second hand margin scheme applying to cars, the CJEU has held that a taxpayer acting in good faith cannot be prevented from applying the second hand margin scheme.  This was subject...