Non-corporates can be included in VAT groups from 1 November 2019

FA 2019 Sch18 provided amendments to UK VAT legislation to permit individuals, partnerships and Scottish partnerships (subject to certain requirements) to be members of a VAT group from a date to be set by regulation. That date is to be...

Individuals and partnerships may be added to a VAT group

It will soon be possible to add an individual or a partnership to a VAT group with UK body (or bodies) corporate, provided the individual or partnership concerned controls the UK body, or all of the UK bodies corporate, and...

VAT grouping changes improve business flexibility

VAT grouping rules will change One of the main advantages of a VAT group is the ability to disregard supplies between the VAT group members for VAT purposes. Currently, only corporate bodies can been members of a VAT group. But...

Supreme Court decision on who is entitled to a repayment claim (Taylor Clark Leisure)

The Supreme Court has allowed HMRC’s appeal and held that Taylor Clark Leisure plc (TCL) was not entitled to the repayment resulting from a successful reclaim for overpaid VAT by a former member of its VAT group.  The press release...

VAT Measures

A number of VAT measures have been announced targeting what HMRC describe as abusive use of the Flat Rate Scheme (“FRS”), and VAT avoidance and evasion. FRS is a simplified VAT accounting scheme for small businesses. The scheme allows businesses...

CJEU/Skandia case- What does HMRC think?

HMRC has issued its response on the recent, and much talked about, decision of the CJEU in the Skandia case. As anticipated it is very much an instruction to UK businesses to “wait and see.” Before we look at HMRC’s...

VAT on Cross border internal recharges – ECJ upholds VAT charge imposed by member state

The ECJ has released its decision in the Skandia American Corporation Case. It is a decision that could have a significant impact on the Financial Services sector. (more…)