VAT update, June 2017

In this month's update we report on proposals for the reduced VAT rate for e-publications, HMRC's first publication of VAT Notes 2017, in which it explains changes to VAT for businesses, and the latest stage in the long-running compound interest litigation involving Littlewoods.

We also comment on three recent cases involving irrecoverable output tax, the VAT treatment of leases (whether they are a supply of goods or services), and the recovery of input tax.