Market leading insight for tax experts
View online issue

The VAT review for May 2020

Your monthly guide to the VAT developments that matter, by Jo Crookshank and Bryn Reynolds (Simmons & Simmons).

VAT invoices and input VAT

Following the CJEU’s clarification of the Royal Mail’s VAT exemption in TNT Post UK (Case C-357/07) it became clear that postal supplies made by the Royal Mail to Zipvit Ltd although originally treated as exempt should have been standard rated. However as Royal Mail treated the supplies as exempt it neither charged VAT nor provided Zipvit with a VAT invoice in respect of the supplies. In addition HMRC was either out of time to claim output VAT from the Royal Mail or considered that the Royal Mail would have had a defence of legitimate expectation to such a claim based on HMRC’s published guidance at the relevant time. Accordingly no VAT was paid on historical supplies covered by the CJEU judgment. Nevertheless  Zipvit sought to recover input...

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:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top