Draft amending regulations will prevent UK businesses taking into account supplies made by foreign branches in their VAT partial exemption calculations, irrespective of any special method agreed with HMRC, following the CJEU decision in Crédit Lyonnais.
Draft amending regulations will prevent UK businesses taking into account supplies made by foreign branches in their VAT partial exemption calculations, irrespective of any special method agreed with HMRC, following the CJEU decision in Crédit Lyonnais. The government intends businesses to implement the change from the beginning of their next partial exemption tax year falling on or after 1 August 2015.
Draft amending regulations will prevent UK businesses taking into account supplies made by foreign branches in their VAT partial exemption calculations, irrespective of any special method agreed with HMRC, following the CJEU decision in Crédit Lyonnais.
Draft amending regulations will prevent UK businesses taking into account supplies made by foreign branches in their VAT partial exemption calculations, irrespective of any special method agreed with HMRC, following the CJEU decision in Crédit Lyonnais. The government intends businesses to implement the change from the beginning of their next partial exemption tax year falling on or after 1 August 2015.
