The latest CVC newsletter is now available on our website.
This newsletter includes HMRC news and case updates regarding:
- Flat rate scheme.
- Error in claiming a refund of VAT under the DIY Housebuilder’s Scheme – whether penalty applicable.
- VAT liability of takeaway food – whether food consumed on ‘the premises’.
- Whether a Floor Space Partial exemption method was ‘fair and reasonable’.
- Input tax recovery.
- Whether the sale of a property was a transfer of a going concern.