In an attempt to curb VAT fraud via third parties selling on online marketplaces, new rules shift compliance responsibility to platforms, but will this tackle the growing problem? Rachel Clark, barrister at Bright Line Law, examines the legal framework
In this month’s VAT updates, Graham Elliott, VAT expert examines recent cases on input tax from charity imported services in Wellcome Trust to DIY Housebuilders Scheme claim relating to property development in Long case
Millions of workers in all parts of the UK will receive a pay increase from today as minimum pay rates rise, with the age threshold reduced to 23 year olds
The rules for IR35 off-payroll working will be overhauled from 6 April moving liability for tax and NICs to employers when hiring the majority of contractors. Nick Duffin, employment tax director at BDO, explains
One in 10 (13%) mid-sized businesses who have reviewed their initial furlough claim found it to be incorrect, according to research from Grant Thornton
The latest HMRC guidance on the tax treatment of cryptocurrency comes without any legislation underpinning it, warns tax and advisory firm Blick Rothenberg
Meg Wilson, tax writer at Croner-i, examines the points-based late filing penalty regime being introduced in Finance Bill 2021 for VAT and income tax submissions
From 1 April 2021, UK VAT registered businesses will face more Making Tax Digital (MTD) obligations. Scott Craig, partner and head of VAT at Azets, explains the key changes and penalty system
In this week’s Q&A, Priyesh Mistry, VAT advisor at Croner Taxwise, considers whether VAT can be reclaimed on gifts from a client received by a supplier
As the end of the tax year fast approaches, Kevin Sefton, CEO of untied, the personal tax app, sets out the 10 steps to ensure you reduce your tax liability
The Chartered Institute of Taxation (CIOT) is calling for specific reforms to the taxation of trusts despite the government pulling back from a wholesale review of this area
The US is considering taking action against a number of countries including the UK due to use of digital services taxes which primarily hit giant multinationals such as Amazon and Google
Business rate payers adversely affected by Covid-19 are to get a £1.5bn discount on their bills but will not be able to claim for material change of circumstance to reduce rates bill
From 1 April, companies will have to report VAT payments electronically via software to comply with the Making Tax Digital (MTD) for VAT rules, following a year’s delay due to the pandemic
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