HMRC have agreed the VAT treatment of certain matters with some trade bodies (Notice 700/57), including:

(1)Association of British Insurers (liability of combined engineering and inspection insurers);

(2)The Brewer’s Society (deduction of input tax incurred in respect of brewers’ tenanted estate);

(3)The London Bullion Market Association (zero-rating supplies of gold and silver);

(4)representatives of race courses (recovery of input tax on business expenditure);

(5)The Building Societies Association (partial exemption special methods);

(6)The Association of British Insurers (partial exemption special methods);

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.