Same VAT Rate for a Veranda Sold with a Static Caravan

HMRC accept that a veranda sold with a residential caravan can be zero or reduced rated for VAT. Their new position is outlined in Brief 12/15, published 30th July. This follows the Upper Tax Tribunal ruling in Colaingrove Ltd [2015] UKUT 002 (TCC) that there was a single supply. HMRC now concede that the VAT liability of a verandah is the same as that of the caravan and will update their Notice 701/20, on caravans and houseboats, in due course. Claims for refunds of VAT wrongly paid in the past, some based on HMRC’s previous wrongful guidance, need to be made before becoming timed-out.

Eamon McNicholas
Tax Barrister, Accountant
http://www.EamonMcNicholas.com

Advertisements

About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com
This entry was posted in Tax and Accounting News and tagged , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s