Following a number of tax disputes, HMRC has clarified the tax treatment of football agents’ fees and dual representation contracts, flagging the risk of compliance checks if tax rules are flouted
Accountants at Price Bailey are warning companies to be extra vigilant as there has been a surge in fraudulent activity affecting VAT repayments from HMRC
A London construction company has won an appeal after the First Tier Tribunal ruled that limited information on invoices was not a reason for HMRC to reject VAT claim
A gold bullion investment firm has won an appeal at the Upper Tribunal over a multimillion pound VAT penalty issued by HMRC for record keeping failures
An insurance intermediary providing a telematics device for inexperienced drivers cannot reclaim VAT for over £2m after losing a dispute over group VAT liability
A massive pan-European investigation into carousel tax fraud covering 17 countries across Europe, including the UK, has seen the arrests of 14 people and 180 property searches