HMRC has launched a consultation to explore issues arising from the implementation of a Code of Practice on taxation for banks (see www.lexisurl.com/h4PFn). The consultation is open for comments until 25 September 2009. An Impact Assessment has also been published. The draft Code is reviewed in an article by Sara Luder on page 7.
Charitable use
HMRC Brief 39/09 issued on 1 July states:
'VAT: changes to the application of the zero-rate to new buildings used for a relevant charitable or residential use
'This Brief announces a change in HM Revenue & Customs (HMRC) interpretation of the of the legal provisions that apply the...
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HMRC has launched a consultation to explore issues arising from the implementation of a Code of Practice on taxation for banks (see www.lexisurl.com/h4PFn). The consultation is open for comments until 25 September 2009. An Impact Assessment has also been published. The draft Code is reviewed in an article by Sara Luder on page 7.
Charitable use
HMRC Brief 39/09 issued on 1 July states:
'VAT: changes to the application of the zero-rate to new buildings used for a relevant charitable or residential use
'This Brief announces a change in HM Revenue & Customs (HMRC) interpretation of the of the legal provisions that apply the...
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:
