Business Tax

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Tax | Victory for Vodafone in Indian tax dispute

Vodafone has won a long-running tax case in India over some £2.4bn of tax imposed by the authorities there following the telecom giant’s acquisition of a local operator over a decade ago

28 Sep 2020

Tax | Call for joined up tax reporting deadline extensions

In the wake of the pandemic, businesses have been given extensions for tax filing and company reporting, but there is still confusion between HMRC and Companies House deadlines. Crowe’s corporate tax partner Laurence Field calls for a more joined up approach

23 Sep 2020

Tax | £15bn NHS VAT refund scheme shake up

A new £15bn VAT refund scheme for NHS and central government could simplify recovery for the public sector, but there could be hidden impacts for contractors, say RSM’s Carolyn Brown and Scott Harwood

22 Sep 2020

Tax | Coronavirus: essential updates for accountants, tax advisers and auditors - Part 1

To assist accountants, tax advisers and auditors in dealing with the coronavirus crisis, all our related covid-19 coverage will be available here as soon as new announcements are made, plus expert analysis

16 Sep 2020

Tax | Treasury Committee discusses tax reforms post Covid

MPs have been told that possible tax reforms post Covid, coupled with increased digitalisation could save accountants from spending their lives ‘doing pointless repetitive tasks’ such as calculating tax returns

15 Sep 2020

Tax | VAT-registered businesses urged to prepare for Brexit trading changes

HMRC has written to all VAT-registered businesses in Great Britain trading with the EU and/or the rest of the world, highlighting what they need to do to prepare for the UK’s exit from the EU at the end of this year

15 Sep 2020

Tax | Two arrested on suspicion of £70,000 furlough fraud

An accountant and a company director from east London have been arrested on suspicion of £70,000 furlough fraud following an HMRC investigation

14 Sep 2020

Tax | How EMIs can help boost staff pay

Enterprise Management Incentive schemes can be a real bonus when a business is struggling through difficult times. BLM’s Matthew Poli shows how such schemes can be an attractive alternative to retaining talent

14 Sep 2020

Tax | Amazon pays £293m tax on £13bn sales

Amazon paid £293m in tax in the UK in 2019, while its sales rose 26% to £13.73bn, up from £10.9bn the previous year, fuelling concerns about the taxation of digital companies

10 Sep 2020

Tax | Expansion of zero-rated VAT for charity digital advertising

HMRC has issued a brief on VAT and digital advertising by charities, which confirms VAT is no longer considered due on the majority of internet search browsing advertisements

9 Sep 2020

Tax | SDLT cuts: benefits for couples and buy-to-let

The coronavirus stamp duty holiday for property buyers could give potential savings to married couples, civil partners and buy-to-let landlords, say RSM’s George Bull and Chris Etherington

9 Sep 2020

Tax | Q&A: VAT on energy saving materials

In our regular Q&A series from Croner Taxwise, VAT adviser, Arti Sonpal explains the VAT implications around installing electric car charging points and solar panels to a residential property

8 Sep 2020

Tax | Payments to tax informants up 63%

Payments to informants have jumped 63% in a year as HMRC seeks to crack down on tax evasion and boost public finances, according to analysis by RPC

3 Sep 2020

Tax | Reforms to public sector VAT refund scheme

The Treasury is seeking views on proposals for a major reform of the current VAT refund scheme for public bodies, in order to make it simpler to operate and improve value for money in the delivery of services

3 Sep 2020

Tax | Case: Upper Tribunal confirms £1m VAT bill for essay-writing provider

RSM’s Scott Harwood reviews a £1m VAT case that centred on whether the company was the provider of a service or merely acted as an agent for other service providers

2 Sep 2020

Tax | Q&A: work on goods for export

In our regular Q&A series from Croner Taxwise, senior VAT consultant, Vivienne Scott explores what conditions need to be met for work on goods for export to be zero-rated

1 Sep 2020