{"id":965,"date":"2021-10-28T08:32:37","date_gmt":"2021-10-28T08:32:37","guid":{"rendered":"https:\/\/taxinvestigation.co\/new\/?p=965"},"modified":"2021-10-28T08:41:21","modified_gmt":"2021-10-28T08:41:21","slug":"a-category-error-by-les-howard-is-a-partner-in-vatadvice-org-a-specialist-vat-practice-based-in-cambridgeshire","status":"publish","type":"post","link":"https:\/\/taxinvestigation.co\/new\/a-category-error-by-les-howard-is-a-partner-in-vatadvice-org-a-specialist-vat-practice-based-in-cambridgeshire\/","title":{"rendered":"&#8216;A category error&#8217; by Les Howard is a partner in vatadvice.org, a specialist VAT practice based in Cambridgeshire"},"content":{"rendered":"\n<p><em>Les Howard highlights a tribunal case concerning a holding company and input tax<\/em>.<\/p>\n\n\n\n<p>There have been a number of Tax Tribunal and Higher Court cases over the years involving holding companies. HMRC often try to argue that, since a holding company\u2019s activities are essentially passive investment, they are not \u2018making taxable supplies\u2019 nor are involved in \u2018economic activities,\u2019 thus denying input tax recovery. This was precisely the argument HMRC brought in the FTT case of Bluejay Mining PLC. HMRC denied over \u00a3800,000 of input tax over a period of seven-and-a-half years.<\/p>\n\n\n\n<p>Download the full article below:<\/p>\n\n\n\n<div class=\"wp-block-file\"><a href=\"https:\/\/taxinvestigation.co\/new\/wp-content\/uploads\/2021\/10\/A-category-error-by-Les-Howard-is-a-partner-in-vatadvice.org-a-specialist-VAT-practice-based-in-Cambridgeshire.pdf\">&#8216;A category error&#8217; by Les Howard is a partner in vatadvice.org, a specialist VAT practice based in Cambridgeshire<\/a><a href=\"https:\/\/taxinvestigation.co\/new\/wp-content\/uploads\/2021\/10\/A-category-error-by-Les-Howard-is-a-partner-in-vatadvice.org-a-specialist-VAT-practice-based-in-Cambridgeshire.pdf\" class=\"wp-block-file__button\" download>Download<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Les Howard highlights a tribunal case concerning a holding company and input tax. There have been a number of Tax Tribunal and Higher Court cases over the years involving holding companies. HMRC often try to argue that, since a holding company\u2019s activities are essentially passive investment, they are not \u2018making taxable supplies\u2019 nor are involved [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-965","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-april-may-2021"},"_links":{"self":[{"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/posts\/965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/comments?post=965"}],"version-history":[{"count":1,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/posts\/965\/revisions"}],"predecessor-version":[{"id":966,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/posts\/965\/revisions\/966"}],"wp:attachment":[{"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/media?parent=965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/categories?post=965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxinvestigation.co\/new\/wp-json\/wp\/v2\/tags?post=965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}