Tag Archives: vat abuse

VAT Abuse vs. Commercial Operations in Pendragon

The Supreme Court in Pendragon has some useful guidance on VAT abuse vs. normal commercial operations. HMRC v Pendragon Plc [2015] UKSC 37, June/15, concerned a scheme designed by KPMG to exploit parts of the VAT system for demonstrator cars … Continue reading

Posted in Tax and Accounting News | Tagged , , , , , , , | Leave a comment

VAT Abuse vs. Planning – Finding the Line in Pendragon Case

VAT Abuse vs. Planning – Finding the Line in Pendragon CaseThe Supreme Court judgment in the recent Pendragon VAT abuse of rights case is welcome, but finding the line between abuse and legitimate tax planning seems no easier. With hindsight … Continue reading

Posted in Tax and Accounting News | Tagged , , , , , , | Leave a comment