VAT and company cars
The restrictions on recovering VAT on the purchase or leasing of company cars has of course long been a sore point with businesses and it seems hardly a month goes by without some case coming to Court.
In September HMRC issued Revenue & Customs Brief 60/2007 announcing their intention to appeal the VAT Tribunal’s decision in the cross- border leasing case RBS Deutschland Holdings GmbH.
Date: 5th October, 2007
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