VAT

Latest news

Image for hmrc fails crack down ps45bn sme tax avoidance

Tax | HMRC fails to crack down on £4.5bn SME tax avoidance

Up to £5.5bn is estimated have been lost through tax evasion with 81% being down to small businesses avoiding and evading tax with takeaways, small retailers and candy shops the worst, NAO report finds

9 Sep 2024

Tax | £16k VAT saga dismissed after wrong HMRC advice

A static caravan owner was told he could claim back the VAT for building work by an HMRC advisor but lost the appeal as incorrect advice was given

3 Sep 2024

Tax | Eton College passes full 20% VAT raid onto parents

Private schools across the country will be trying to figure out how much of the 20% being incurred by VAT they can absorb, but Eton College has today told parents to fork up the additional funds

30 Aug 2024

Tax

VAT

HMRC

Image for hair extensions are not zero rated vat

Tax | Hair extensions are not zero-rated for VAT

A hair extension and wig company which had contracts with the NHS disputed a £277k VAT bill as they claimed the service should be VAT exempt due to medical purposes

27 Aug 2024

Tax | Supreme Court will hear Prudential Assurance £1.8m VAT appeal

The Supreme Court has confirmed it will allow an appeal from Prudential Assurance Company related to VAT liability on continuous supply of service rules

23 Aug 2024

Tax

VAT

Case Reports

Image for hmrc loses ps247k vat appeal nhs hospital builder

Tax | HMRC loses £247k VAT appeal by NHS hospital builder

A Glasgow construction company has won an appeal in a dispute over penalties for late payment of VAT due to delays in NHS paying bills during the pandemic

23 Aug 2024

Tax

VAT

Case Reports

Image for hmrc clarifies compliance vat one stop shop

Tax | HMRC clarifies compliance with VAT One Stop Shop

HMRC has published details on how to cancel or make changes to VAT One Stop Shop (OSS) Union scheme registrations

21 Aug 2024

Tax | Lycamobile faces winding up petition over £51m VAT bill

In July Lycamobile was facing a £51m VAT bill but now HMRC has slapped the mobile network provider with a winding up petition through an application to the High Court

15 Aug 2024

Tax | Private school closes after Labour VAT announcement

An almost 100-year-old Scottish private school has announced it will be closing its doors due to financial implications and the buyers of the school ‘reassessing their commitment’

14 Aug 2024

Tax

VAT

Image for hmrcs refusal restore 24 tonnes cat litter was unreasonable

Tax | HMRC's refusal to restore 24 tonnes of cat litter was ‘unreasonable’

A pet supply importer based in Turkey had its supply of cat litter seized when being imported due to HMRC believing the appellant hadn’t paid import VAT

14 Aug 2024

Tax | Private healthcare could face VAT charge

After VAT on private school fees, VAT expert David Gage warns this could ‘open a can of worms’, with other ‘luxury’ services facing indirect tax charge

7 Aug 2024

Tax

VAT

Image for vat school fees pre payments and exceptions

Tax | VAT on school fees: pre-payments and exceptions

The charge of 20% VAT on private school fees is set for 1 January 2025 with no exemption for pre-payments, explains Angela Bedi, senior technical writer at Croner-i

5 Aug 2024

Tax | Lycamobile faces £51m VAT bill over bundled charges

The First Tier Tribunal has ruled that mobile phone operator Lycamobile does owe up to £51m in VAT on plan bundles in long-running dispute

26 Jul 2024

Tax | National insurance cuts do not dent £195bn personal tax bill

Despite two cuts in national insurance this year, income tax take is on the rise, with PAYE income tax and NICs up £2.5bn in first three months of the tax year

19 Jul 2024