VAT

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Tax | Uber and the charge to VAT

An employment tribunal ruled that Uber drivers are to be treated as permanent staff which will result in changes to tax/NIC payments. If acting as principal, Uber faces a VAT bill; if acting as agent, the VAT liability rests with the drivers explains David Wilson, VAT associate director at RSM

2 Nov 2016

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Tax | VAT updates: November 2016

In this month's roundup of VAT cases, Graham Elliott, VAT expert and tax adviser, considers the legal implications of garden walls in Cavendish Green, VAT registration and right of appeal in NT ADA Ltd and coin counting issues for Coinstar

1 Nov 2016

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Tax | Self: bridging the tax gap

Heather Self, partner at Pinsent Masons, analyses the latest HMRC estimates of the tax gap, the growing appetite for harsh penalties and the likelihood of improving the picture in the future

31 Oct 2016

International Tax

Image for extra jail time served cooking ps600k restaurant vat scam

Tax | Extra jail time served for cooking up £600K restaurant VAT scam

Five men, including two who were already in prison for a previous VAT fraud conviction, have been sentenced after an investigation by HMRC into a £600,000 tax fraud carried out at two curry house restaurants

26 Oct 2016

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Tax | Kent accountant jailed for part in £6.9m payroll fraud

Three Kent men including accountant Aquil Ahmed have been jailed after a two-and-a-half year payroll fraud that saw them steal £6.9m of UK taxes

24 Oct 2016

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Tax | Tax gap falls to record low at £36bn

The UK tax gap fell to 6.5% representing £36bn of lost tax in 2014-2015, heralded by HMRC as its lowest-ever level, below the newly revised figure for the previous year which is now put at £37bn

20 Oct 2016

International Tax

Image for ftt finds hmrc failed consider evidence ps80k vat claim

Tax | FTT finds HMRC failed to consider evidence in £80K VAT claim

A First Tier Tribunal (FTT) has ruled that a different HMRC officer must review and evaluate an £80,000 VAT claim made by a building company, after finding that HMRC had not considered the evidence adequately in the first instance

18 Oct 2016

Image for comment brexit must not hit small businesses disproportionately

Tax | Comment: Brexit must not hit small businesses disproportionately

With the trajectory of the Brexit process still at a nascent stage, Mercer & Hole's Michael Armstrong looks at what it could mean for SMEs from foreign exchange fluctuations and access to the single market to VAT harmonisation and the risk of multiple customs declarations

14 Oct 2016

International Tax

Accountancy Firms

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Tax | Irish finance minister uses Budget to insulate economy from Brexit

Ireland’s finance minister Michael Noonan allocated €1.3bn (£1.2bn) for tax cuts and public spending increases as he used the Budget to reinforce the country’s economy following the Brexit vote

13 Oct 2016

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Tax | Bull: the UK tax system post-Brexit

As the government begins the process of forming its roadmap to Brexit, RSM senior tax partner George Bull looks at what form the tax system will take on post-Brexit

6 Oct 2016

International Tax

Law and Regulation

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Tax | ONS publishes VAT turnover data

The Office for National Statistics (ONS) has published its first set of VAT turnover data, the initial step in process to reform the way in which it estimates economic growth

5 Oct 2016

Accountancy Firms

Image for vat change insurance repair services

Tax | VAT change for insurance repair services

The rules regarding the VAT treatment of the use and enjoyment of insurance repair services are being tightened up so that UK repairers will have to charge VAT to insurers or agents based outside the EU from 1 October 2016

5 Oct 2016

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Tax | VAT updates: October 2016

Graham Elliott, director, City & Cambridge Consultancy on ramifications of Denplan ECJ ruling, over-declaration on split dwellings, pension funds

3 Oct 2016

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Tax | HMRC consults on penalty for VAT fraud

HMRC is consulting on proposals to introduce a new penalty for businesses that participate in VAT fraud, which were first outlined at Budget 2016, which would be levied at the same time as the offence and which could extend to company officers

29 Sep 2016

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Tax | Securing zero-rated VAT status on residential properties

Securing zero-rated VAT status is crucial for property developers if they want to ensure profitabilty on new residential developments, but to do so VAT liability must be calculated at an early stage, suggests Robert Facer, director of VAT at Menzies

29 Sep 2016

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Tax | Hallam: VAT crucial to EU aim of tax harmonisation

The European Commission’s ruling that Ireland gave Apple state aid through a tax deal is indicative of a wider harmonisation of EU-wide tax policy, with VAT as a key plank of any reform proposals, says Nicholas Hallam, managing director of Accordance

22 Sep 2016

International Tax

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