CVC VAT Focus 12 June 2017

The latest CVC VAT Focus is now available on our website.

This issue includes HMRC News and Case Review. The Case Review considers:

  1. Advocate General opinion – whether a leasing agreement with an option to purchase is a supply of goods.
  2. Whether VAT repayment received from HMRC is ‘profit’ for the purposes of corporation tax.
  3. Windfall received by HMRC – unjust enrichment?
  4. Paypoints – standard rated or exempt supply?
  5. Whether a husband and wife have separate businesses.