VAT and other indirect taxes

 

Examples of our recent work include:

 

Staff hire concession

Advising a client on plans to mitigate the withdrawal of the staff hire concession, and on disputes arising in relation to the nature of its supplies in earlier periods.

 
 

HMRC dispute

Advising a client on a dispute with HMRC regarding the zero rating of substantial construction works.

 
 

Real estate developer

Advising a real estate developer on a transaction with a local authority to mitigate the risks that the transaction could be considered a “barter” for VAT purposes, and on the valuation of the various elements of the transaction.

 
 

Fleming / Condé Nast case

Advising on the ability to claim compound interest on repayments of VAT, following the Fleming / Condé Nast case in the House of Lords.

 
 

Fund manager clients

Advising our fund manager clients on the effect of the Claverhouse decision of the European Court of Justice, which extended the scope of exemption from VAT to a management services provided to a wider range of “special investment funds”.

 
 

Contacts

 
 
 

Related practice areas

"Macfarlanes LLP provides ‘good client service’ and ‘understands the market’. It acts for a broad range of high-profile names..., and has strength in areas such as contentious VAT, private equity, real estate, and structuring investments to offset VAT exposure."

The UK Legal 500 2011