How easy is it to get a VAT ruling?

Article by Stephen Taylor, VAT Consultant, Pearce Taylor Taxation, Sidmouth. This article appeared in the December 2003 issue of Tax Adviser. KEY POINTS

• A new notice has been published providing information on binding VAT rulings
  
• Customs will not approve tax planning arrangements and they advise that any claim that they have approved should be treated with care
  
• Normally a ruling can only be relied upon by the individual taxpayer who has requested it
  
• Customs will not stand by any ruling given on the basis of incorrect or incomplete information when the omitted information is material to their decision
  

To download the article in Adobe (pdf) format, please click on the link below.

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December 2003 by Stephen Taylor