Bill Saunders Regional VAT Manager Baker Tilly considers the outcome of the University of St Andrews case. Bill represented the university at the hearing
Universities generally cannot recover much VAT making mainly exempt supplies. Some taxable supplies are made and this is generally good news as it helps aid VAT recovery. It was found however in The University Court of the University of St Andrews 19054 that this is not always the case when constructing and using halls of residence. The Tribunal was asked to consider whether the apportionment rule on construction services applied to the common areas in the halls of residence. If it did not making taxable supplies in the facilities building supporting new accommodation blocks would result in a...
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Bill Saunders Regional VAT Manager Baker Tilly considers the outcome of the University of St Andrews case. Bill represented the university at the hearing
Universities generally cannot recover much VAT making mainly exempt supplies. Some taxable supplies are made and this is generally good news as it helps aid VAT recovery. It was found however in The University Court of the University of St Andrews 19054 that this is not always the case when constructing and using halls of residence. The Tribunal was asked to consider whether the apportionment rule on construction services applied to the common areas in the halls of residence. If it did not making taxable supplies in the facilities building supporting new accommodation blocks would result in a...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
