Tax | Don’t get caught by EU e-invoicing rules

Mandatory real-time electronic invoicing is now required across EU member states affecting UK exporters with tough penalties for non-compliance, explains Ray Grove, head of corporate tax at Thomson Reuters

26 Feb 2024

Tax

International Tax

VAT

Tax Compliance

Tax | Tax take up £33bn due to stealth taxes

Total tax receipts reached £695.1bn for April 2023 to January 2024 exceeding the same period in 2022-23 by £33.6bn

21 Feb 2024

Tax

Business Tax

Employment Tax

Personal Tax

Property Tax

VAT

HMRC

Tax | Treasury u-turns on double cab pickup tax

After just one week, the government has backtracked on plans to classify double cab pickup trucks as cars, which would have resulted in huge tax hikes

20 Feb 2024

Tax

Business Tax

VAT

HMRC

Tax Compliance

Tax | HMRC loses £37k VAT case on converted Land Rovers

HMRC chased a company owner for additional output tax for two Land Rover Discovery cars which were bought for commercial use

14 Feb 2024

Tax

Business Tax

VAT

HMRC

Tax Compliance

Tax | Protein bars are not cakes, rules tribunal

Nutrition bar maker, DuelFuel appealed to the tax tribunal after HMRC said its protein bars could not classified as zero-rated as they not cakes

8 Feb 2024

Tax

VAT

Case Reports

Tax | Hippodrome Casino loses £447k VAT case

The Upper Tribunal has rejected Hippodrome Casino’s VAT appeal to treat free food and drink handed out to gamblers as non-taxable supplies for gaming

5 Feb 2024

Tax

Business Tax

VAT

Tax Compliance

Case Reports

Tax | HMRC stops Online Agent Authorisation for VAT clients

HMRC is removing the legacy VAT for Agents registration facility from the Online Agent Authorisation (OAA) service in two weeks’ time

2 Feb 2024

Tax

VAT

Tax Compliance

Tax | Will Bolt decision affect VAT rules for taxis?

Julian Borley, VAT director at Milsted Langdon, examines the potential impact of the tribunal ruling on Bolt’s use of the Tour Operator’s Margin Scheme (TOMS) to calculate VAT on taxi rides

31 Jan 2024

Tax

VAT

Tax Compliance

Tax | ‘Self-professed tax expert’ loses £1.7m tax dispute

Laurence Onwufuju, a director of over 45 companies across the country, most of which are dissolved, has lost an appeal against a £1.7m tax bill

26 Jan 2024

Tax

VAT

HMRC

Case Reports

Tax | HMRC letter campaign targets traders on online marketplaces

HMRC is targeting overseas traders on online marketplaces operating in the UK without establishment status to ensure they are paying the correct VAT

18 Jan 2024

Tax

VAT

HMRC

Tax Compliance

Tax | Walkers loses VAT appeal over Sensations Poppadoms

Crisp giant Walkers must pay VAT on its range of Sensations Poppadom snacks after losing an appeal at the First Tier Tribunal

18 Jan 2024

Tax

Business Tax

VAT

HMRC

Case Reports

Tax | Courier director struck off over £383k VAT bill

The boss of a Surrey-based courier company has been banned from acting as a director for failure to file accounts and VAT debts of £383,830

8 Jan 2024

Tax

VAT

HMRC

Called to Account

Tax | HMRC recovers £11.4bn from VAT investigations

The number of VAT investigations was up 23% last year as HMRC launched 104,900 probes into unpaid VAT, particularly targeted at mid-sized businesses

8 Jan 2024

Tax

VAT

HMRC

Tax | Chelsea apartment owners face £4.5m VAT bill

Reelreed, the owner of over 200 short-term let apartments in Chelsea, was ‘careless in submitting VAT returns’ and owes £4.5m as they were run like a hotel

8 Jan 2024

Tax

VAT

Tax Compliance

Tax | Freemasons lose £2.8m VAT case

The oldest Grand Lodge of Freemasons in the world has lost an appeal for VAT refunds of £2.83m for charges on membership fees as primary aim was not philanthropic

3 Jan 2024

Tax

VAT

HMRC

Case Reports