VAT

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Tax | MOSS rules force all companies to register for VAT

All businesss from the smallest micro business will have to register for VAT regardless of whether they meet the VAT threshold as a result of new EU digital VAT rules which come into force on 1 January 2015

11 Dec 2014

Tax

Tax Compliance

VAT

Tax | VAT updates: December 2014

Graham Elliott, VAT expert at Withers Worldwide, assesses the most important VAT rulings including decisions over bay windows and zero rating in Boxmoor Construction, the Upper Tribunal decision in Roy Shields case, the imminent arrival of EU MOSS reporting requirements and insurance intermediaries in Westinsure

1 Dec 2014

Tax | Pilates teacher loses FTT appeal over VAT on educational services

The First Tier Tribunal (FTT) has dismissed an appeal by a former ballet dancer who now runs a business teaching pilates that her private tuition services should be exempt from VAT on the grounds they are educational, saying they did not come within the exemption ordinarily granted to schools and universities

27 Nov 2014

Tax

VAT

Case Reports

Image for uk E2 80 99s biggest businesses pay C2 A380bn tax ct take falls

Tax | UK’s biggest businesses pay £80bn in tax as CT take falls

The UK’s largest companies paid their biggest ever share of the total tax collected in 2014 with a £80bn contribution, the largest in the past ten years, according to analysis of the tax paid by the 100 Group, representing some of the country's largest listed businesses

26 Nov 2014

Tax | HMRC sets out VAT position after ATP pensions ruling

HMRC has revised its guidance on VAT exemption for fund management services in light of several European Court of Justice (ECJ) rulings on cases concerning pension companies, ATP and PPG

25 Nov 2014

| Jail ride for haulage directors over £105K VAT fraud

Two haulage company directors who stole nearly £105,000 by faking vehicle purchases to claim VAT repayments have been given jail sentences following an HMRC investigation

21 Nov 2014

VAT

Business

Called to Account

Tax | Osborne waives VAT for Band Aid 40 single

The Chancellor will waive VAT on sales of the Band Aid anniversary single, Do They Know It’s Christmas, while iTunes will give all revenue to Band Aid to support the ebola campaign.

17 Nov 2014

Tax

VAT

Tax | Gold smuggler needs to coin £4.3m to avoid ten years in jail

The leader of a gang behind a £9m gold smuggling plot uncovered by HMRC, will have to repay £4.3m of his criminal profits, within four months, or serve an extra ten years in prison

13 Nov 2014

Tax | Government pledges £1.1m VAT waiver for Tower of London poppy sale

The government will waive the expected VAT of up to £1.1m from sales of the poppies used at the First World War commemorative installation at The Tower of London

6 Nov 2014

Tax

VAT

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Tax | VAT Q&A: exceeding the £1.6m VAT accounting period, zero-rating certificates

This month’s Q&A by VAT expert Julie Green of CCH considers the implications when a VAT accounting period is set to exceed £1.6m, obtaining zero-rating certificates, and the twists and turns of entrepreneurs’ relief claims

6 Nov 2014

Tax

Tax Compliance

VAT

Tax | VAT updates: November 2014

Graham Elliott, VAT expert at Withers Worldwide assesses recent VAT judgments and asks whether the authority of the First Tier Tribunal is being questioned in recent decisions over complaints against HMRC , while Skandia and Huddersfield cases raise questions over procedural issues

3 Nov 2014

Tax | EC sets out options for overhaul of EU VAT system

The European Commission (EC) has published a paper presenting its first ideas on how to redesign the VAT system to ensure a simpler, more effective and more fraud-proof VAT system tailored to the Single Market in the EU

30 Oct 2014

Tax | Ad agency directors disqualified for failure to pay £335k tax

Two directors of an advertising agency which failed to provide agreed services and collapsed owing HMRC £335,000 have been disqualified for a total of nine and a half years following an Insolvency Service investigation

29 Oct 2014

Tax | HMRC loses Tyne appeal on zero-rated vehicle adaptations

A business which faced paying disputed VAT of over £700,000 on sales of motor homes adapted for use by disabled people has won a First Tier Tribunal (FTT) appeal against HMRC’s decision to deny zero-rating on the grounds that the particular adaptation did not help a disabled person to drive

27 Oct 2014

| VAT fraudster to repay £113,472 or three years in prison

A Northern Ireland businessman, who was jailed for stealing more than £500,000 in fraudulent VAT repayments, has been ordered to repay £113,472 or serve a further three years in prison

24 Oct 2014

VAT

Business

Called to Account

Tax | Design Museum secures free entry after VAT deal

The Design Museum in London has become the latest cultural attraction to offer free entrance to its collections, after Chancellor George Osborne announced it has been joined the government’s VAT refund scheme, allowing it to reclaim the taxes paid on refurbishing new premises

20 Oct 2014

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Tax Compliance

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Latest news

Tax | MOSS rules force all companies to register for VAT

Tax | VAT updates: December 2014

Tax | Pilates teacher loses FTT appeal over VAT on educational services

Tax | UK’s biggest businesses pay £80bn in tax as CT take falls

Tax | HMRC sets out VAT position after ATP pensions ruling

| Jail ride for haulage directors over £105K VAT fraud

Tax | Osborne waives VAT for Band Aid 40 single

Tax | Gold smuggler needs to coin £4.3m to avoid ten years in jail

Tax | Government pledges £1.1m VAT waiver for Tower of London poppy sale

Tax | VAT Q&A: exceeding the £1.6m VAT accounting period, zero-rating certificates

Tax | VAT updates: November 2014

Tax | EC sets out options for overhaul of EU VAT system

Tax | Ad agency directors disqualified for failure to pay £335k tax

Tax | HMRC loses Tyne appeal on zero-rated vehicle adaptations

| VAT fraudster to repay £113,472 or three years in prison

Tax | Design Museum secures free entry after VAT deal