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Tax
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Should potentially competitive business activities engaged in by charities be exempt from VAT? The First-tier Tribunal (FTT) confronted that issue in extending VAT exemption to supplies made by a restaurant...
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Almost every business owner understands that feeling of desperation arising from cashflow problems. As a case concerning VAT due on a commercial property sale showed, however, treating tax liabilities as...
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Those who draft legislation cannot possibly foresee technological advances that may transform society in the future. In a case on point, the Court of Appeal considered whether VAT zero-rating, afforded...
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Sensible businesspeople understand that failing to keep proper accounting records and paper trails of transactions is an invitation to dispute with the tax authorities. In a case on point, a...
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The vexed distinction between building works that qualify for VAT zero-rating and those that do not can be puzzling even for construction industry professionals. A case on point focused on...
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It might be thought that the meaning of the phrase ‘property developer’ is as clear as a bell. However, in a tax case of great significance to corporate property owners,...
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