VAT

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Tax | HMRC to phase out government cheques for VAT refunds

HMRC is looking to phase out repayments of VAT by payable order (government cheques) due to them being untraceable, with refunds to be straight directly into bank accounts

12 Jul 2017

Tax | VAT updates: July 2017

The latest VAT rulings with implications for businesses includes construction services for charity and residential building in J&B Hopkins, spouses ran separate businesses for VAT, caravans and fuel in Colaingrove

3 Jul 2017

Tax

VAT

Image for three farmers reap sentences ps140k vat fraud

Tax | Three farmers reap sentences for £140K VAT fraud

The last of three farming brothers from Northern Ireland to be prosecuted for their roles in a £140,000 VAT repayment fraud has been sentenced after an investigation by HMRC

30 Jun 2017

Tax | India introduces harmonised goods and services tax (GST)

The introduction from next week of a goods and services tax (GST) in India, effective from 1 July, is being hailed as the biggest shift in tax reform in the country’s history, but there are concerns that UK companies trading with India may not be ready for the complexity of the changes

30 Jun 2017

Tax

International Tax

VAT

Image for hmrc clamps down supply splitting avoid vat

Tax | HMRC clamps down on 'supply splitting' to avoid VAT

HMRC has issued a ‘spotlight’ after it has become aware of attempts to avoid VAT by splitting a single supply of goods or services into separate supplies, warning that the schemes do not work and it will investigate anyone who uses one

27 Jun 2017

Tax

VAT

Tax Compliance

Image for brexit tax advisers consider long term implications business

Tax | Brexit: tax advisers consider long-term implications for business

As Brexit talks start, Jaimie Kaffash gauges the views of accountants and tax advisers about the challenges ahead and implications for business in terms of tax rates, export and import tariffs and general confidence

19 Jun 2017

Tax | Canada/UK swoop on £30m carousel tax fraud

The Canadian tax authorities have revealed they are collaborating with the UK on an ongoing international investigation into an alleged so-called ‘carousel’ tax fraud scheme which put over $50m (£30m) of tax at risk

14 Jun 2017

Tax | DUP could clash with Conservatives over Brexit

The Democratic Unionist Party’s (DUP) opposition to a hard Brexit could prove a stumbling block in attempts to strike a deal with the Conservatives, reports Calum Fuller

9 Jun 2017

Tax | UK property developers warned on Bulgarian VAT case

A recent opinion given by the advocate general of the European Court of Justice (CJEU), relating to VAT recovery on building costs, could have implications for property developers and housebuilders in the UK who enter into planning gain agreements, Saffery Champness is warning

9 Jun 2017

Tax | Couple win appeal against HMRC over compulsory VAT registration

A First Tier Tribunal (FTT) has allowed a husband and wife’s appeal against HMRC’s decision that the couple ran one business in partnership, rather than two separate businesses, and were therefore eligible for compulsory VAT registration

9 Jun 2017

Tax | Dodwell: common sense prevails over College VAT charges

A sensible VAT ruling at the tax tribunal gives colleges a welcome respite, says Bill Dodwell, partner at Deloitte as he reviews the implications of the Brokenhurst College case

5 Jun 2017

Tax | Elliott: ancillary supplies get a break in Brockenhurst

Graham Elliott, VAT specialist and director at City & Cambridge Consultancy, reviews the case for removing VAT for student provided meals and entertainment performances at Brokenhurst College

5 Jun 2017

Tax | MEPs vote to reduce VAT on ebooks to match printed rates

The European parliament has voted in favour of allowing member states to reduce the chargeable rate of VAT on ebooks to match printed book rates

2 Jun 2017

Tax

VAT

Tax Planning

Tax | VAT updates: June 2017

The latest VAT rulings with implications for businesses include whether charges made by a body to parties other than students can be exempt from VAT as essential to education in the Brockenhurst case, cost sharing exemption

1 Jun 2017

Tax | UKIP promises no tax rises

Speaking at the launch of the UKIP manifesto, deputy chairman Suzanne Evans has said it is the only party going into the forthcoming election to pledge not to raise taxes, with plans to introduce a £13,500 threshold for paying income tax by the end of the next parliament

25 May 2017

Tax | Hallam: take VAT responsibility post-Brexit

There is a growing tendency for EU tax authorities to attempt to ‘responsibilise’ third parties for the failures of clients and partners to meet VAT obligations, Accordance chief executive Nicholas Hallam warns

24 May 2017

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Tax Services

Latest news

Tax | HMRC to phase out government cheques for VAT refunds

Tax | VAT updates: July 2017

Tax | Three farmers reap sentences for £140K VAT fraud

Tax | India introduces harmonised goods and services tax (GST)

Tax | HMRC clamps down on 'supply splitting' to avoid VAT

Tax | Brexit: tax advisers consider long-term implications for business

Tax | Canada/UK swoop on £30m carousel tax fraud

Tax | DUP could clash with Conservatives over Brexit

Tax | UK property developers warned on Bulgarian VAT case

Tax | Couple win appeal against HMRC over compulsory VAT registration

Tax | Dodwell: common sense prevails over College VAT charges

Tax | Elliott: ancillary supplies get a break in Brockenhurst

Tax | MEPs vote to reduce VAT on ebooks to match printed rates

Tax | VAT updates: June 2017

Tax | UKIP promises no tax rises

Tax | Hallam: take VAT responsibility post-Brexit