FremantleMedia is a large international media company that produces and distributes television programming. They contracted with Ultima to provide managed IT support services across their global operations. Ultima had previously completed a successful email migration project for FremantleMedia. Under the new contract, Ultima took over management and support of FremantleMedia's IT infrastructure, including a service desk, monitoring, software updates, and on-site support staff. The partnership aims to improve the quality of IT support for FremantleMedia's users around the world.
UCD NEW STATUTORY DUTY TO HAVE REGARD TO HUMAN RIGHTS AND EQUALITY 12th Nov ...kieran rose
The document discusses Ireland's new statutory duty for public bodies to have regard for human rights and equality in performing their functions. It was established by the Irish Human Rights and Equality Commission Act 2014 and requires public bodies to eliminate discrimination, promote equality of opportunity, and protect human rights. The Irish Human Rights and Equality Commission provides guidance to public bodies on developing policies and operational standards related to human rights and equality. The document discusses how this new duty relates to Dublin City Council's functions such as social housing, community facilities, and regeneration initiatives.
Ana Jiménez es una mujer española que vive en Madrid. Trabaja como asistente administrativa en una pequeña empresa de servicios. En su tiempo libre, le gusta salir con amigos, hacer ejercicio y viajar.
There are two main types of volcanoes: shield volcanoes and composite/strato volcanoes. Shield volcanoes erupt basaltic lava at constructive plate margins and have gentle, frequent eruptions. Composite/strato volcanoes erupt acidic lava and ash at destructive plate margins and have irregular, occasionally violent eruptions with long dormant periods.
Este documento presenta resúmenes biográficos de cinco blogueros destacados: Nir Ofir, co-fundador de blogTV.com y creador de blogDay.org; Jessica Claire, reconocida fotógrafa de bodas; Michelle Malkin, periodista que publicó detalles sobre un caso de asesinato que ayudó a resolver; David Bravo, abogado especializado en propiedad intelectual y derecho informático; y Félix Peinado, directivo empresarial con experiencia en gestión y comunicación.
FremantleMedia is a large international media company that produces and distributes television programming. They contracted with Ultima to provide managed IT support services across their global operations. Ultima had previously completed a successful email migration project for FremantleMedia. Under the new contract, Ultima took over management and support of FremantleMedia's IT infrastructure, including a service desk, monitoring, software updates, and on-site support staff. The partnership aims to improve the quality of IT support for FremantleMedia's users around the world.
UCD NEW STATUTORY DUTY TO HAVE REGARD TO HUMAN RIGHTS AND EQUALITY 12th Nov ...kieran rose
The document discusses Ireland's new statutory duty for public bodies to have regard for human rights and equality in performing their functions. It was established by the Irish Human Rights and Equality Commission Act 2014 and requires public bodies to eliminate discrimination, promote equality of opportunity, and protect human rights. The Irish Human Rights and Equality Commission provides guidance to public bodies on developing policies and operational standards related to human rights and equality. The document discusses how this new duty relates to Dublin City Council's functions such as social housing, community facilities, and regeneration initiatives.
Ana Jiménez es una mujer española que vive en Madrid. Trabaja como asistente administrativa en una pequeña empresa de servicios. En su tiempo libre, le gusta salir con amigos, hacer ejercicio y viajar.
There are two main types of volcanoes: shield volcanoes and composite/strato volcanoes. Shield volcanoes erupt basaltic lava at constructive plate margins and have gentle, frequent eruptions. Composite/strato volcanoes erupt acidic lava and ash at destructive plate margins and have irregular, occasionally violent eruptions with long dormant periods.
Este documento presenta resúmenes biográficos de cinco blogueros destacados: Nir Ofir, co-fundador de blogTV.com y creador de blogDay.org; Jessica Claire, reconocida fotógrafa de bodas; Michelle Malkin, periodista que publicó detalles sobre un caso de asesinato que ayudó a resolver; David Bravo, abogado especializado en propiedad intelectual y derecho informático; y Félix Peinado, directivo empresarial con experiencia en gestión y comunicación.
The document outlines an assignment to produce an 8-minute documentary presenting a company with strong corporate social responsibility and sustainable development policies. Students must choose a company and compare its policies to main competitors in the areas of employee benefits, community benefits, and environmental initiatives. They are to show why the chosen company deserves funding for a documentary about its exemplary attitudes and hand in a 1,000 word executive summary by March 25th or 26th, depending on the presentation date.
Wilt u uw kleding of bedrijfskleding uit Rhenen en omgeving bedrukken?
Met onze strijk logo's bent u snel, mooi en goedkoop klaar voor het bedrukken van uw kleding en bedrijfskleding!
Op http://www.bedrijfs-kleding-bedrukken.nl kunt u met een paar muisklikken stoffen emblemen van foto kwaliteit ontwerpen voor op uw bedrijfskleding, en bestellen is al mogelijk vanaf 2 stuks!
==== Snel naar www.bedrijfs-kleding-bedrukken.nl of strijklogo.nl voor het bedrukken van een logo op uw bedrijfskleding ====
Na de ontvangst van de strijk logo's zijn ze door uzelf in Rhenen eenvoudig op uw bedrijfskleding te strijken.
Onze strijk logo's zijn kookwasbestendig en chemisch reinigbaar, dus ook na veel wasbeurten blijven de kleuren prachtig!
Gaat u dus snel naar www.bedrijfs-kleding-bedrukken.nl of strijklogo.nl voor het ontwerpen en bestellen van strijk logo's zodat u zelf uw logo of embleem op bedrijfs kleding bedrukken kunt.
The document provides design details for level 1 of a game called "Ninj Rush" taking place in "The Warehouse". It will take approximately 5 minutes to complete. The level introduces mechanics like jumping, shooting, and hazards like boxes and gaps. Upon completion, the player will unlock a gun.
Wilt u uw kleding of bedrijfskleding uit Putten en omgeving bedrukken?
Met onze strijk logo's bent u snel, mooi en goedkoop klaar voor het bedrukken van uw kleding en bedrijfskleding!
Op http://www.bedrijfs-kleding-bedrukken.nl kunt u met een paar muisklikken stoffen emblemen van foto kwaliteit ontwerpen voor op uw bedrijfskleding, en bestellen is al mogelijk vanaf 2 stuks!
==== Snel naar www.bedrijfs-kleding-bedrukken.nl of strijklogo.nl voor het bedrukken van een logo op uw bedrijfskleding ====
Na de ontvangst van de strijk logo's zijn ze door uzelf in Putten eenvoudig op uw bedrijfskleding te strijken.
Onze strijk logo's zijn kookwasbestendig en chemisch reinigbaar, dus ook na veel wasbeurten blijven de kleuren prachtig!
Gaat u dus snel naar www.bedrijfs-kleding-bedrukken.nl of strijklogo.nl voor het ontwerpen en bestellen van strijk logo's zodat u zelf uw logo of embleem op bedrijfs kleding bedrukken kunt.
The document summarizes three recent court cases related to indirect tax:
1) The Court of Justice of the European Union ruled that a holding company letting property to its subsidiary constituted involvement in management, allowing the holding company to reclaim input tax on acquisition costs.
2) The UK Supreme Court ruled that a company that left a VAT group was not acting as an agent of the group when it later claimed a VAT refund, and thus the representative member of the VAT group was not entitled to the refund.
3) The UK Court of Session ruled that the supply of temporary modular classrooms was a taxable service, not a supply of an interest in land that would be VAT exempt, as the company had no interest in
The document summarizes several indirect tax cases from the UK.
The first case discusses an Advocate General's opinion in a case referred to the Court of Justice by the Irish Supreme Court involving Ryanair's attempt to reclaim VAT fees from an unsuccessful takeover bid of Aer Lingus. The Advocate General believes Ryanair is entitled to reclaim the VAT.
The second case discusses a First-Tier Tax Tribunal case involving Marks & Spencer's "Dine In for £10 with free wine" promotion. The tribunal agreed with HMRC that VAT was due on the wine as customers paid for a package including the wine.
The third case discusses a First-Tier Tax Tribunal case involving a Guern
The document summarizes two recent indirect tax cases in the UK:
1) HMRC v Summit Electrical Installations Ltd - The Upper Tribunal dismissed HMRC's appeal and agreed with the First-tier Tax Tribunal's decision that the taxpayer could zero-rate its electrical installation services for a new student accommodation building, as the building qualified as a dwelling under VAT law.
2) Bratt Autoservices Ltd - The Court of Appeal dismissed the taxpayer's appeal and agreed with the Upper Tribunal that the taxpayer's 2009 VAT repayment claim was not valid because it did not allocate amounts to the taxpayer's prescribed accounting periods as required by VAT law.
Vat Alert: Reverse Charge on Construction ServicesGraham Brearley
The document discusses HMRC's proposal to introduce a 'reverse charge mechanism' for VAT on construction services to combat VAT fraud in the industry. Under the new rules, the customer would be responsible for accounting for VAT on supplies received rather than the supplier. This would prevent suppliers from charging VAT but not paying it over to HMRC. The draft legislation provides a wide definition of construction services that would be subject to the reverse charge, including building works, repairs, and various site works. While measures to tackle fraud are necessary, commentators note that the broad scope means nearly all subcontracted construction services would be affected, with wider impacts than originally planned.
The document summarizes three recent indirect tax cases:
1) Wetheralds Ltd - The Upper Tribunal ruled that a thermally efficient roofing system was a supply of a new roof rather than insulation materials, and was thus subject to the standard VAT rate of 20% rather than the reduced 5% rate.
2) Abbotsley Ltd - The Upper Tribunal confirmed that affiliation fees paid by proprietary golf clubs to golf associations were exempt from VAT as being essential to sport.
3) Hutchison 3G UK Ltd - The First-tier Tax Tribunal dismissed H3G's argument that the tax point for mobile phone contracts should be when services are used rather than when monthly payments are received.
The document provides summaries of three recent court rulings related to indirect tax:
1) The Advocate General issued an opinion in Volkswagen Financial Services v HMRC, finding that vehicle financing arrangements constitute a single taxable supply of a vehicle, entitling the company to full VAT recovery on overheads. This contradicts the UK's view of separate taxable and exempt supplies.
2) The Court of Appeal ruled against Wakefield College in its claim that education provided to students paying partial fees due to financial hardship was not an "economic activity" subject to VAT, as the partial fees constitute remuneration rather than consideration.
3) The Upper Tribunal dismissed HMRC's argument that payments by Marriott
The document summarizes a court case between the University of Cambridge and HMRC regarding whether the University can reclaim VAT incurred on fund management fees. The University operates an endowment fund managed by a third party, which charges fees. The University argues these fees are overheads that can be partially reclaimed under its partial exemption special method. HMRC argues the fees are consumed by investment activities and not reclaimable. Lower courts sided with the University, but the Court of Appeal referred the case to the European Court of Justice for guidance on interpreting relevant VAT directives and prior cases.
HMRC has announced changes to the UK's VAT rules relating to cost sharing groups (CSGs) following recent judgments from the Court of Justice of the European Union. The changes mean the VAT exemption for CSGs will now only apply to entities providing certain public interest services listed in the VAT Directive, such as postal, education, and health services. Banking and insurance entities are no longer eligible. HMRC will also restrict CSG membership to UK entities and require recharges to members be made only at cost. Entities correctly applying previous guidance have until the end of May 2018 to comply with the new rules.
HMRC revises its policy in relation to cost sharing groups following judgments from the Court of Justice. Specifically, HMRC will no longer allow the cost sharing exemption for financial and insurance businesses as the Court of Justice ruled the exemption is not available to these sectors. HMRC will provide a two month transition period for affected businesses to regularize their VAT positions. Additionally, the Court of Appeal case involves determining whether VAT on fund management services provided to the University of Cambridge's endowment fund can be attributed to the overall activities of the University.
Case Alert - VWFS - Advocate General's opinionGraham Brearley
This document summarizes an Advocate General's opinion in a case between HMRC and Volkswagen Financial Services (UK) Ltd regarding VAT treatment of hire purchase agreements. The Advocate General opined that input VAT incurred by VWFS on overheads cannot be recovered as it relates to the exempt supply of credit. However, the UK's treatment of hire purchase transactions as two separate supplies is incorrect under EU law - they should be treated as a single taxable supply of a car with an incidental credit element. If the court agrees, it would entitle VWFS to recover all input VAT but require accounting for output tax on interest charged. The opinion creates uncertainty for finance industry VAT treatment going forward.
Case Alert - Wakefield College - Court of AppealGraham Brearley
The Court of Appeal unanimously dismissed Wakefield College's appeal of a decision that denied VAT zero-rating for the construction of a new college building. While most of the College's students either paid no or subsidized fees, the Court found this still constituted consideration for education and made it an economic activity, precluding VAT zero-rating. The Court distinguished consideration under VAT Directive Article 2 from remuneration under Article 9, finding the College's activities were remunerated and economic in nature. This clarified that satisfying Article 2's consideration test does not automatically deem an activity non-economic under Article 9. The College's attempt to analogize to a prior legal aid case was rejected.
Case alert - Ryanair - Advocate General's opinionGraham Brearley
This summary provides the key details from the document in 3 sentences:
The document discusses an Advocate General's opinion in a case referred to the Court of Justice of the European Union concerning whether the Irish airline Ryanair was entitled to reclaim VAT incurred on professional fees relating to its failed 2006 bid to acquire rival airline Aer Lingus. The Advocate General considers that Ryanair is entitled to reclaim the input VAT, both because there was an intention to provide management services and because the cost of acquiring Aer Lingus shares was to directly and permanently extend Ryanair's taxable air passenger transport services business. This is the case even though the takeover bid was ultimately blocked and the management services were not provided.
The document provides summaries of three recent court rulings related to indirect tax:
1) The Advocate General issued an opinion in Volkswagen Financial Services v HMRC, finding that vehicle financing arrangements constitute a single taxable supply of a vehicle, allowing the company to recover input tax on overheads.
2) The Court of Appeal ruled against Wakefield College in its claim that education provided to students paying partial fees was not an economic activity for VAT purposes, as the partial fees constitute consideration.
3) The Upper Tribunal dismissed HMRC's argument that payments by Marriott Rewards to redeeming hotels were third party consideration, but also ruled that neither Marriott nor Whitbread established the UK or US
This document discusses a case regarding a promotional offer by Marks & Spencer (M&S) where customers could purchase three food items for £10 and receive a free bottle of wine. HMRC considered that the deal was actually for four items for £10 and that VAT should be paid on the portion of the £10 attributable to the wine. The First-tier Tax Tribunal agreed with HMRC's view, finding that the economic reality was a package deal rather than items plus a free gift. It determined that the £10 payment should be apportioned with VAT paid on the wine portion. The Tribunal emphasized examining the commercial substance of promotions for accurate VAT determination.
The document outlines an assignment to produce an 8-minute documentary presenting a company with strong corporate social responsibility and sustainable development policies. Students must choose a company and compare its policies to main competitors in the areas of employee benefits, community benefits, and environmental initiatives. They are to show why the chosen company deserves funding for a documentary about its exemplary attitudes and hand in a 1,000 word executive summary by March 25th or 26th, depending on the presentation date.
Wilt u uw kleding of bedrijfskleding uit Rhenen en omgeving bedrukken?
Met onze strijk logo's bent u snel, mooi en goedkoop klaar voor het bedrukken van uw kleding en bedrijfskleding!
Op http://www.bedrijfs-kleding-bedrukken.nl kunt u met een paar muisklikken stoffen emblemen van foto kwaliteit ontwerpen voor op uw bedrijfskleding, en bestellen is al mogelijk vanaf 2 stuks!
==== Snel naar www.bedrijfs-kleding-bedrukken.nl of strijklogo.nl voor het bedrukken van een logo op uw bedrijfskleding ====
Na de ontvangst van de strijk logo's zijn ze door uzelf in Rhenen eenvoudig op uw bedrijfskleding te strijken.
Onze strijk logo's zijn kookwasbestendig en chemisch reinigbaar, dus ook na veel wasbeurten blijven de kleuren prachtig!
Gaat u dus snel naar www.bedrijfs-kleding-bedrukken.nl of strijklogo.nl voor het ontwerpen en bestellen van strijk logo's zodat u zelf uw logo of embleem op bedrijfs kleding bedrukken kunt.
The document provides design details for level 1 of a game called "Ninj Rush" taking place in "The Warehouse". It will take approximately 5 minutes to complete. The level introduces mechanics like jumping, shooting, and hazards like boxes and gaps. Upon completion, the player will unlock a gun.
Wilt u uw kleding of bedrijfskleding uit Putten en omgeving bedrukken?
Met onze strijk logo's bent u snel, mooi en goedkoop klaar voor het bedrukken van uw kleding en bedrijfskleding!
Op http://www.bedrijfs-kleding-bedrukken.nl kunt u met een paar muisklikken stoffen emblemen van foto kwaliteit ontwerpen voor op uw bedrijfskleding, en bestellen is al mogelijk vanaf 2 stuks!
==== Snel naar www.bedrijfs-kleding-bedrukken.nl of strijklogo.nl voor het bedrukken van een logo op uw bedrijfskleding ====
Na de ontvangst van de strijk logo's zijn ze door uzelf in Putten eenvoudig op uw bedrijfskleding te strijken.
Onze strijk logo's zijn kookwasbestendig en chemisch reinigbaar, dus ook na veel wasbeurten blijven de kleuren prachtig!
Gaat u dus snel naar www.bedrijfs-kleding-bedrukken.nl of strijklogo.nl voor het ontwerpen en bestellen van strijk logo's zodat u zelf uw logo of embleem op bedrijfs kleding bedrukken kunt.
The document summarizes three recent court cases related to indirect tax:
1) The Court of Justice of the European Union ruled that a holding company letting property to its subsidiary constituted involvement in management, allowing the holding company to reclaim input tax on acquisition costs.
2) The UK Supreme Court ruled that a company that left a VAT group was not acting as an agent of the group when it later claimed a VAT refund, and thus the representative member of the VAT group was not entitled to the refund.
3) The UK Court of Session ruled that the supply of temporary modular classrooms was a taxable service, not a supply of an interest in land that would be VAT exempt, as the company had no interest in
The document summarizes several indirect tax cases from the UK.
The first case discusses an Advocate General's opinion in a case referred to the Court of Justice by the Irish Supreme Court involving Ryanair's attempt to reclaim VAT fees from an unsuccessful takeover bid of Aer Lingus. The Advocate General believes Ryanair is entitled to reclaim the VAT.
The second case discusses a First-Tier Tax Tribunal case involving Marks & Spencer's "Dine In for £10 with free wine" promotion. The tribunal agreed with HMRC that VAT was due on the wine as customers paid for a package including the wine.
The third case discusses a First-Tier Tax Tribunal case involving a Guern
The document summarizes two recent indirect tax cases in the UK:
1) HMRC v Summit Electrical Installations Ltd - The Upper Tribunal dismissed HMRC's appeal and agreed with the First-tier Tax Tribunal's decision that the taxpayer could zero-rate its electrical installation services for a new student accommodation building, as the building qualified as a dwelling under VAT law.
2) Bratt Autoservices Ltd - The Court of Appeal dismissed the taxpayer's appeal and agreed with the Upper Tribunal that the taxpayer's 2009 VAT repayment claim was not valid because it did not allocate amounts to the taxpayer's prescribed accounting periods as required by VAT law.
Vat Alert: Reverse Charge on Construction ServicesGraham Brearley
The document discusses HMRC's proposal to introduce a 'reverse charge mechanism' for VAT on construction services to combat VAT fraud in the industry. Under the new rules, the customer would be responsible for accounting for VAT on supplies received rather than the supplier. This would prevent suppliers from charging VAT but not paying it over to HMRC. The draft legislation provides a wide definition of construction services that would be subject to the reverse charge, including building works, repairs, and various site works. While measures to tackle fraud are necessary, commentators note that the broad scope means nearly all subcontracted construction services would be affected, with wider impacts than originally planned.
The document summarizes three recent indirect tax cases:
1) Wetheralds Ltd - The Upper Tribunal ruled that a thermally efficient roofing system was a supply of a new roof rather than insulation materials, and was thus subject to the standard VAT rate of 20% rather than the reduced 5% rate.
2) Abbotsley Ltd - The Upper Tribunal confirmed that affiliation fees paid by proprietary golf clubs to golf associations were exempt from VAT as being essential to sport.
3) Hutchison 3G UK Ltd - The First-tier Tax Tribunal dismissed H3G's argument that the tax point for mobile phone contracts should be when services are used rather than when monthly payments are received.
The document provides summaries of three recent court rulings related to indirect tax:
1) The Advocate General issued an opinion in Volkswagen Financial Services v HMRC, finding that vehicle financing arrangements constitute a single taxable supply of a vehicle, entitling the company to full VAT recovery on overheads. This contradicts the UK's view of separate taxable and exempt supplies.
2) The Court of Appeal ruled against Wakefield College in its claim that education provided to students paying partial fees due to financial hardship was not an "economic activity" subject to VAT, as the partial fees constitute remuneration rather than consideration.
3) The Upper Tribunal dismissed HMRC's argument that payments by Marriott
The document summarizes a court case between the University of Cambridge and HMRC regarding whether the University can reclaim VAT incurred on fund management fees. The University operates an endowment fund managed by a third party, which charges fees. The University argues these fees are overheads that can be partially reclaimed under its partial exemption special method. HMRC argues the fees are consumed by investment activities and not reclaimable. Lower courts sided with the University, but the Court of Appeal referred the case to the European Court of Justice for guidance on interpreting relevant VAT directives and prior cases.
HMRC has announced changes to the UK's VAT rules relating to cost sharing groups (CSGs) following recent judgments from the Court of Justice of the European Union. The changes mean the VAT exemption for CSGs will now only apply to entities providing certain public interest services listed in the VAT Directive, such as postal, education, and health services. Banking and insurance entities are no longer eligible. HMRC will also restrict CSG membership to UK entities and require recharges to members be made only at cost. Entities correctly applying previous guidance have until the end of May 2018 to comply with the new rules.
HMRC revises its policy in relation to cost sharing groups following judgments from the Court of Justice. Specifically, HMRC will no longer allow the cost sharing exemption for financial and insurance businesses as the Court of Justice ruled the exemption is not available to these sectors. HMRC will provide a two month transition period for affected businesses to regularize their VAT positions. Additionally, the Court of Appeal case involves determining whether VAT on fund management services provided to the University of Cambridge's endowment fund can be attributed to the overall activities of the University.
Case Alert - VWFS - Advocate General's opinionGraham Brearley
This document summarizes an Advocate General's opinion in a case between HMRC and Volkswagen Financial Services (UK) Ltd regarding VAT treatment of hire purchase agreements. The Advocate General opined that input VAT incurred by VWFS on overheads cannot be recovered as it relates to the exempt supply of credit. However, the UK's treatment of hire purchase transactions as two separate supplies is incorrect under EU law - they should be treated as a single taxable supply of a car with an incidental credit element. If the court agrees, it would entitle VWFS to recover all input VAT but require accounting for output tax on interest charged. The opinion creates uncertainty for finance industry VAT treatment going forward.
Case Alert - Wakefield College - Court of AppealGraham Brearley
The Court of Appeal unanimously dismissed Wakefield College's appeal of a decision that denied VAT zero-rating for the construction of a new college building. While most of the College's students either paid no or subsidized fees, the Court found this still constituted consideration for education and made it an economic activity, precluding VAT zero-rating. The Court distinguished consideration under VAT Directive Article 2 from remuneration under Article 9, finding the College's activities were remunerated and economic in nature. This clarified that satisfying Article 2's consideration test does not automatically deem an activity non-economic under Article 9. The College's attempt to analogize to a prior legal aid case was rejected.
Case alert - Ryanair - Advocate General's opinionGraham Brearley
This summary provides the key details from the document in 3 sentences:
The document discusses an Advocate General's opinion in a case referred to the Court of Justice of the European Union concerning whether the Irish airline Ryanair was entitled to reclaim VAT incurred on professional fees relating to its failed 2006 bid to acquire rival airline Aer Lingus. The Advocate General considers that Ryanair is entitled to reclaim the input VAT, both because there was an intention to provide management services and because the cost of acquiring Aer Lingus shares was to directly and permanently extend Ryanair's taxable air passenger transport services business. This is the case even though the takeover bid was ultimately blocked and the management services were not provided.
The document provides summaries of three recent court rulings related to indirect tax:
1) The Advocate General issued an opinion in Volkswagen Financial Services v HMRC, finding that vehicle financing arrangements constitute a single taxable supply of a vehicle, allowing the company to recover input tax on overheads.
2) The Court of Appeal ruled against Wakefield College in its claim that education provided to students paying partial fees was not an economic activity for VAT purposes, as the partial fees constitute consideration.
3) The Upper Tribunal dismissed HMRC's argument that payments by Marriott Rewards to redeeming hotels were third party consideration, but also ruled that neither Marriott nor Whitbread established the UK or US
This document discusses a case regarding a promotional offer by Marks & Spencer (M&S) where customers could purchase three food items for £10 and receive a free bottle of wine. HMRC considered that the deal was actually for four items for £10 and that VAT should be paid on the portion of the £10 attributable to the wine. The First-tier Tax Tribunal agreed with HMRC's view, finding that the economic reality was a package deal rather than items plus a free gift. It determined that the £10 payment should be apportioned with VAT paid on the wine portion. The Tribunal emphasized examining the commercial substance of promotions for accurate VAT determination.
The Upper Tribunal issued a judgment regarding the VAT treatment of payments made through Marriott's customer loyalty rewards scheme. The Tribunal determined that payments from Marriott Rewards LLC to participating hotels were consideration for redemption services provided to MRL, rather than third-party consideration for accommodation supplied to customers. It also found that these redemption services constituted a supply of services related to land in the UK, rather than advertising services, meaning UK VAT was due. Both MRL and Whitbread's appeals were dismissed.
The document provides updates on recent indirect tax cases from the UK courts, CJEU, and Brexit developments.
The CJEU issued an opinion in DPAS Ltd, finding that DPAS's service of collecting payments from patients and transferring them to dentists was not exempt from VAT as a payment transaction, but rather a taxable debt collection service, even though the contracts were amended to provide the service to patients rather than dentists.
The CJEU also ruled in a case from Slovakia that when a supplier issues supplementary VAT invoices to correct an underpayment of VAT, the time limit for claiming VAT refunds should run from the date of the supplementary invoices, not the original supplies.
Finally,
This document summarizes an agreement reached between the UK and EU to establish a transitional period after Brexit. Key points include:
- The UK will leave the EU in March 2019 but remain in the single market and customs union until December 2020.
- Goods moving between the UK and EU during this period will be treated as intra-EU trade in regards to customs and VAT.
- The agreement provides businesses more certainty and time to prepare for changes taking effect after the transitional period ends. However, the deal still requires approval from all EU member states.
CJEU issues judgment on place of supply issue relating to two supplies but a single transportation - Also deals with recovery of incorrectly charged input VAT
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."