VAT recovery on business entertainment has been blocked since intro. (1973). More recently, VAT Input Tax Order 1992, Art. 5 disallows the right to recover input VAT as “entertainment, including hospitality of any kind provided by a taxable person in connection with a business carried on by him.”
Source: way2vat.com
Latest Posts in "United Kingdom"
- SAP Selected by HMRC to Lead Major Technology Transformation of the UK Tax System
- Supreme Court Clarifies VAT Recovery Rules for Corporate Groups After Hotel La Tour Decision
- Appeal Dismissed: Input VAT Denial and Personal Liability Upheld on Kittel Grounds for One Call Consultants
- Input VAT Denial Upheld: Kittel Assessment and Penalties Made Within Statutory Time Limit
- Boehringer Ruling: Could £2.5bn VAT Reclaims Transform UK Pharma and Healthcare Forever?
