CVC VAT Focus 26 February 2015

The latest CVC newsletter is now available on our website.

This newsletter includes HMRC news and case updates regarding:

  1. Flat rate scheme.
  2. Error in claiming a refund of VAT under the DIY Housebuilder’s Scheme – whether penalty applicable.
  3. VAT liability of takeaway food – whether food consumed on ‘the premises’.
  4. Whether a Floor Space Partial exemption method was ‘fair and reasonable’.
  5. Input tax recovery.
  6. Whether the sale of a property was a transfer of a going concern.