Latest CVC newsletter

The latest CVC newsletter is now available on our website and can be viewed here.

This newsletter includes items on:

1. VAT treatment of commercially operated sports' leagues.
2. HMRC consultation on business record checks.
3. New agents' toolkits on partial exemption and output tax.
4. Changes to payments on account thresholds.
5. Postal services reminder.

Please contact us if you need further information on any of these items.

New HMRC Brief on HMRC's treatment of commercially operated sports leagues

HMRC confirm that supplies made by commercial sports league providers are liable to the standard rate of VAT. If sports league providers feel they have been mislead by previous advice from HMRC officers, and they fulfil certain criteria, they should contact HMRC's Complaints Team.

More details can be found in HMRC's brief at http://www.hmrc.gov.uk/briefs/vat/brief0411.htm

Newsletter now available

The latest CVC newsletter is now available at http://www.ukvatadvice.com/images/stories/newsletters/110209cvcnews.pdf

This newsletter contains items on:

1. The latest HMRC briefs.
2. Tribunal case re zero-rating a charitable building constructed in 2 phases.
3. Case re bank interest and Flat Rate Scheme.
4. Alternative Dispute Resolution trial.