VAT update, July 2017

In this month’s update we report on HMRC’s recent guidance on its approach to supply splitting; the Supreme Court hearing in the Littlewoods compound interest case; and the revised timetable for “Making Tax Digital”.

We also comment on three recent cases involving overpayments of car parking charges; whether the right to deduct VAT is dependent on compliance with conditions relating to the content of invoices; and the correct tax treatment of commission fees for exchanging cash for vouchers.