Recent updates to the VAT Finance Manual
Below are details of the amendments that were published on 21 February 2012 (see the update index for all updates)
| Page | Details of update |
| VATFIN1540 | Amended to reflect new place of supply rules. |
| VATFIN1560 | Amended to reflect place of supply changes and Sch 5 withdrawal. |
| VATFIN2310 | Reference added to the AXA case and its effects on the VAT treatment of outsourcing. |
| VATFIN2320 | Reference added to the Everything Everywhere, Tierce Ladbooke and Derby SA case and their effect on the VAT treatment of payment handling services. |
| VATFIN2440 | Section on the provision of internet payments services moved from VATFIN2300. |
| VATFIN2820 | Reference added to the Kingfisher case and its effect on the redemption of a face value voucher for cash. |
| VATFIN2830 | Reference added to the Velvet & Steel case and its effect on the VAT treatment of credit guarantees. |
| VATFIN3135 | Reference added to the AXA case and its effects on the VAT treatment of outsourcing. |
| VATFIN3215 | Reference added to the GFKL case and its effect on the sale of defaulted debts. |
| VATFIN3255 | Reference added to the AXA case and its effects the scope of the debt collection exclusion; explanation of the HBOS case amended. |
| VATFIN3260 | Reference added to the Paymex case and its effect insolvency practitioner services. |
| VATFIN4100 | Section added on underwriting services. Reference to the VAT Notice 701/49 section on share underwriting and fees charged by stock exchanges deleted. |
| VATFIN4350 | Amended to reflect new place of supply rules. |
| VATFIN4500 | Reference added to the Skandinaviska Enskilda Banken case and its effect on the VAT treatment of underwriting services. |
| VATFIN4600 | Reference added to the Nordea Pankki case and its effect on the VAT treatment of clearing and settlement services. |
| VATFIN5100 | Reference added to the Wheels case and its effect on management services made to a defined benefit pension fund scheme. |
| VATFIN5700 | Minimum age for pension withdrawals updated. |
| VATFIN5800 | Page added on discretionary investment management services and the Deutsche Bank case. |
| VATFIN6100 | Amended to reflect new place of supply rules. |
| VATFIN6150 | Amended to reflect new place of supply rules. |
| VATFIN6300 | Explanation added of the VAT treatment of exercising an Item 6 option. |
| VATFIN7100 | Reference to specialist services deleted. |
| VATFIN7600 | Page added on independent financial advisors. |
| VATFIN9000 | Glossary updated. |
