SPOUSE VAT RULING
April 1st, 2005
Keith NuthallTHE EUROPEAN Court of Justice (ECJ) may force a change in British VAT regulations over goods purchased by a husband and wife that are later used for business purposes. Under existing British VAT regulations, capital goods used for business must be bought in the name of a sole trader or company for sales tax to be reclaimed. But an ECJ advisory ruling on a German VAT case said where a married couple buys a capital item together, which is partly used for business purposes, VAT can be reclaimed on the proportion used for work, even if both names are on ...
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