VAT

Technology

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Tax | Corporation tax evaders jailed for ten years for £2.5m plan

Two Essex businessmen who evaded £2.5m in corporation tax and VAT in a fraud linked to the supply of labour to the railway industry have been jailed for 10 years after a three-week trial at Southwark Crown Court following Operation Quiver led by HMRC

8 Oct 2014

Tax | HMRC throws book at Huddersfield Uni over VAT avoidance

The University of Huddersfield has lost its case against HMRC at the Upper Tribunal (UT) over a claim that the use of a complex leasing scheme to claim a £600,000 VAT refund amounted to tax avoidance, in a reversal of an earlier decision by the First Tier Tribunal (FTT)

3 Oct 2014

Tax | VAT updates: October 2014

Graham Elliott, transaction tax consultation at Withers Worldwide reviews the latest VAT news from the ongoing dispute between the Direct Mail Association and HMRC over zero rate liability under the 'package test', the future of blocking orders for new house developers post Taylor Wimpey case and GMAC win at ECJ

1 Oct 2014

Tax | VAT Q&A: French and German reclaims, capital expenditure limits

In a new series, our expert Julie Green answers your questions on some of the more complex aspects of VAT treatment from French and German VAT charges for advertising, limits on capital expenditure and deregistering

23 Sep 2014

Tax Compliance

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Tax | High rolling farmer jailed over £1.4m VAT fraud

A Worcestershire farmer who fled to Zimbabwe to avoid being prosecuted for a £1.4m VAT fraud has been jailed for three years and four months

9 Sep 2014

Tax | VAT updates: September 2014

VAT expert Graham Elliott of Withers Worldwide casts his eye over key VAT cases and FTT rulings including Muster Inns, the Upper Tribunal decision in Lok’nStore and latest HMRC briefing on TOGC

1 Sep 2014

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Tax | Watkins: what happens to VAT in an independent Scotland?

John Watkins, senior partner at Dickson Middleton, argues that taking a simple balance sheet view of an independent Scotland misses the complexity. Here he considers the potential complexity of a new VAT system

29 Aug 2014

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Tax | British Film Institute beats HMRC in £1.2m overpaid VAT case

The British Film Institute (BFI) has beaten the taxman at an appeal at the Upper Tribunal (UT) concerning a disputed £1.2m bill for over-paid VAT charges for the sale of cinema tickets

28 Aug 2014

Tax | VAT refund scheme extended to V&A Museum in Dundee

The government is to extend the VAT refund regime for named museums and galleries by adding three additional institutions to the scheme, which is designed to help with the costs of providing free access to the public

18 Aug 2014

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Tax | HMRC to update VAT treatment for direct mail supply

HMRC has confirmed that it will be updating its guidance on the VAT treatment on the supply of direct mail this year

14 Aug 2014

HMRC

Tax | Nunn: Why VAT cases like Bridport and Snowball matter

While the public would rarely, if ever, stop to think about the machinations of the VAT tribunal, hard fought cases often lead to unusual decisions which can trickle down to the wider consumer, such as the recent Bridport Golf Club and Scottish confectionery cases

30 Jul 2014

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Tax | Property conversions: avoiding VAT pitfalls

Watch out for a number of VAT traps if you are planning to convert commercial properties into residential property. Julie Green, CCH VAT specialist, considers the pitfalls and liabilities, particularly focusing on a public house conversion

28 Jul 2014

Tax Compliance

Image for airtours loses vat appeal over pwc refinancing report

Tax | Airtours loses VAT appeal over PwC refinancing report

The Court of Appeal has ruled that travel company Airtours cannot recover the VAT paid to PwC for providing a report to the company’s lenders as part of a refinancing deal under the terms of the letter of engagement signed at the time.

25 Jul 2014

Tax | SDLT and VAT drive increase in tax receipts

Latest HMRC statistics show a spike in total tax receipts for the year so far, largely driven by increases in the amount of stamp duty land tax (SDLT) and VAT collected, but the longer term view is more mixed

23 Jul 2014

Tax | Elliott: Zipvit decision on recharging VAT will go to appeal

The First Tier Tribunal (FTT) decision in Zipvit (TC03773) is so significant that one might have thought it would have gone straight to the Upper Tribunal, writes Graham Elliott, transaction tax consultant at Withers Worldwide

17 Jul 2014