The VAT Practice,
The White House, Cloncorban, Rossmore, Clonakilty,
Co. Cork
Principal: Nicholas Ryan
Tel: +353 (0)23 8838181
Mob: +353 (0)83 3340324
Fax: +353 (0)23 8838181
Email : info@thevatpractice.ie
Welcome to the VAT Practice blog. Our aim is for our blog to provide you with access to: Hot topics – which features regularly updated information, ideas and comment from The VAT Practice on Irish and international VAT issues. Talk to us – businesses can provide comment on our articles in Hot Topics and enter […]
The European Court of Justice (ECJ) has issued its judgment in the long awaited Lebara phone cards VAT case which provides for good news for both Lebara and other mobile operators. The decision follows on from a lengthy dispute with HMRC and, after referral by the VAT tribunal in the UK to the ECJ.
HMRC released their consultation document on 21 March on VAT: Addressing borderline anomalies. This followed on from the budget announcement. I have practiced in VAT, on both sides of the fence, for twenty one years and in that time have been constantly amazed at the anomalies there are both in the application of and interpretation of VAT. VAT and anomalies go together like cheese and cucumber in a sandwich, we expect them, we, at times, relish the opportunity they can provide and we are often driven to moments of frustration at the results they can produce.
A number of changes were announced together with a reaffirmation of other proposed changes already in process that will be introduced later in the year.
In VAT the following changes were announced:
VAT anomalies and loopholes: Legislation will be introduced to address long-standing VAT anomalies and loopholes, with effect from 1 October 2012. The purpose here is to eradicate where possible the anomalies in VAT where similar supplies have different VAT rates.
A number of changes were announced together with a reaffirmation of other proposed changes already in process that will be introduced later in the year. In VAT the following changes were announced: VAT anomalies and loopholes: Legislation will be introduced to address long-standing VAT anomalies and loopholes, with effect from 1 October 2012. The purpose […]