VATLP02520 - Supply: Private Finance Initiative (PFI): VAT issues

»Ê¹ÚÌåÓýappre are several VAT problems associated with PFI. »Ê¹ÚÌåÓýappy are:

  • the direction of the supply
  • establishing the nature of the supply in order to determine liability - which can be taxable, exempt or even non-business
  • timing of supplies
  • whether there are single or multiple supplies, and
  • equality of treatment between public and private sector.