VATFIN1520 - Other law and policy to consider: contents

When considering whether someone carries out any of the activities outlined in the VAT ACT 1994, Schedule 9, Group 5, items 1 to 10, you need to consider:

• whether there is a supply for VAT purposes (dealt with in VATSC);
• whether there is a single supply or multiple supplies (dealt with in VATSC80000);
• whether what is being done can be characterised as an exempt financial transaction for the purposes of UK law (dealt with in the various sections of this chapter); and
• whether there is any other law or policy that has an impact. Some of the most relevant parts are considered here in VATFIN1520.

1. VATFIN1540

   Place of supply
2. VATFIN1550

   Input tax recovery
3. VATFIN1560

   Reverse charge of financial services received from abroad
4. VATFIN1570

   Partial exemption