David Bowden urges UK asset lenders to “get good VAT advice at the beginning” in the light of a recent court case
Sep 19, 2014
A recent VAT case from the First Tier Tribunal will be of interest to asset finance providers. In a reserved decision dated August 1, 2014 of Judge Guy Brannan and Julian Stafford, the tribunal had to rule on the recoverability of VAT made by a finance house on hire purchase transactions.
Nov 10, 2017
While business leaders in the UK and Europe have stressed the importance of a smooth Brexit transition to protect the economies of both sides, there are signs that negotiators are struggling to find common ground on key issues. As the Brexit deadline of March 28, 2019 approaches, this special report looks in detail at progress from both sides of the negotiating table.
Oct 30, 2017
A vehicle supplied under a hire purchase-style contract containing an option to purchase should be treated as a supply of services rather than goods, according to the EU's highest court, which could mean VAT benefits for auto finance suppliers. The Court of Justice of the European Union (CJEU) has released its judgment in a case relating to Mercedes-Benz Financial Services UK (MBFS).
Feb 14, 2017
Data is being used by businesses in more ways than ever before, but it seems they still lack trust in their data.