On 6 August 2013, HMRC published a revised version of the VAT Guide (Notice 700), which includes clarification of when a taxpayer can rely on information and advice from HMRC. The revised guide reflects that taxpayers can rely on HMRC’s information and advice (previously only rulings) if it is clear, unequivocal and explicit and provided that the taxpayer can show that:

  • he reasonably relied on the advice
  • he made a full disclosure of all the relevant facts
  • the application of the law would result in financial detriment

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