Commentary

V7.424 Mixed supplies

Part V7 Tax planning
Part V7 Tax planning | Commentary

V7.424 Mixed supplies

Part V7 Tax planning | Commentary

V7.424 Mixed supplies

In most cases, the VAT liability of goods supplied will be very straightforward. However, an area of VAT that has always caused a few complications is when a bundle of goods are sold as part of a supply – and the goods attract VAT at different rates.

The main question to ask with mixed supply situations is: 'Am I making two or more separate supplies – or one main supply with an ancillary supply to enhance the enjoyment of the main supply?' In effect, this question looks at the importance of each of the supplies in question, to

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial