RCB/37/12 VAT—supplies made under finance leases – EON Aset Menidjmunt – no immediate changes to whether goods or services – no impact on input tax blocked on finance leases of carsRevenue & Customs Brief, Issue 37. 3 January 2013Purpose of this BriefThis brief confirms to taxpayers who make finance lease supplies, or who receive such supplies in relation to business cars and block some of the input tax incurred from deduction, that no current action is needed in relation to the EON case.ReadershipBusinesses that make supplies of capital goods under finance lease agreements and businesses that incur input tax on supplies of cars under finance lease agreements and block some of that input tax from deduction.IntroductionUnder UK VAT law hire purchase
Revenue & Customs Brief, Issue 37. 3 January 2013
This brief confirms to taxpayers who make finance lease supplies, or who receive such supplies in relation to business cars and block some of the input tax incurred from deduction, that no current action is needed in relation to the EON case.
Businesses that make supplies of capital goods under finance lease agreements and businesses that incur input tax on supplies of cars under finance lease agreements and block some of that input tax from deduction.
Under UK VAT law hire purchase
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