In this month’s VAT updates, Graham Elliott considers the VAT treatment on covid tests, the Upper Tribunal decision in Babylon Farm and VAT terminology in GB Fleet Hire
HMRC is urging working tax credit claimants to check if they need to update their working hours if these have reduced as a result of coronavirus as relaxed reporting rules end
A report from the government’s European Scrutiny Committee warns that businesses in Northern Ireland and Gibraltar may be ‘adversely affected’ if the EU adopts proposals altering tax rules
The loan charge has caused much controversy since its introduction in the 2016 Budget and now is the last chance to apply for a refund or waiver under the disguised remuneration repayment scheme, says Chris Etherington, tax partner at RSM
Essar Oil has confirmed that it is in talks with HMRC to extend its time-to-pay (TTP) arrangement in order to pay off its £770m VAT tax bill from April 2021
In this week’s Q&A, Vivienne Scott, senior VAT consultant at Croner Taxwise, examines the VAT liability when looking at claims when products are sourced in the EU
Kristo Kaarmann, the co-founder of Wise, the listed money transfer company, has been given a £365,651 fine by HMRC for a ‘deliberate default’ on his taxes in the 2017-18 tax year
The Labour party plans to scrap business rates, hike the rate of digital services tax and review the tax system to remove a number of reliefs in a bid to close tax loopholes
Research by the House of Commons finds that NHS nurses, care home staff, and other health and social care workers will pay over £900m more in tax with the national insurance contributions (NIC) rise
Taxwatch tells the UK to support the proposals put forward by the G20 rather than the G7 when taxing the tech giants as the G7’s proposals will mean tech giants will ‘almost certainly’ pay less tax
In a statement to MPs today, new financial secretary to the Treasury Lucy Frazer has confirmed that the introduction of Making Tax Digital (MTD) for income tax will be postponed by a year
The government plans to overhaul tipping practices, helping around 2 million people top up their income by ensuring all tips are given to staff rather than retained by business owners
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