Counting purchases as sales?

There was a really good question on the forum this week about the Place of Supply of Services (“POSS”) rules and reverse charge services. The question was how you account for reverse charge VAT if you aren’t registered for VAT. The answer is that there is no mechanism...

The Simple or Compound Argument

The recent decision of the Upper Tribunal (Tax and Chancery Chamber) in John Wilkins (Motor Engineers) Ltd, John Pudney Ltd trading as Horsham Car Care, Squire Furneaux Group, Robmar Ltd trading as Worthing Kia, Lookers plc, Upper Tribunal Tax and Chancery Chamber was...

A Few Good Horror Stories

No good property section would be complete without a few good horror stories showing what happens when things go horribly wrong! So sit back and think “that could have been me”! Property portfolios A large manufacturing group had a property portfolio of...

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