Key developments this month include the following: in BGZ Leasing, the CJEU held that insurance offered as part of a supply of leasing was a separate exempt supply; in Revenue & Customs Brief 37/12, HMRC confirmed that it is still considering whether finance leases should be treated as supplies of goods or services following the Eon case at the CJEU; in Taylor Clark Leisure, the FTT considered who is entitled to bring a VAT refund claim where a VAT group has been disbanded or a company has left the group; and in South African Tourist Board, the FTT considered the meaning of ‘economic activity’ in the context of a grant-funded statutory body promoting tourism.
