HMRC has issued new guidance to businesses that may have overpaid VAT on declarations made at the end of last year due to a technical issue with the Customs Declaration Service (CDS)
Following the discovery of extensive use of till fraud to avoid VAT payments, HMRC has confirmed that the disclosure period for abuse of tills will close six weeks later than planned
A change to penalties for VAT returns that are submitted late and VAT which is paid late came into effect from 1 January for VAT accounting periods starting on or after 1 January 2023
The Court of Appeal has sent an appeal over a proceeds of crime demand back to the Crown Court regarding a confiscation order totalling £6.6m in VAT and PAYE fraud
With a tightening economy, cash flow is increasingly important while minimising VAT bills is critical, explains Aleksandra Bal, indirect tax technology lead, Stripe
The owner of a clothing business has lost an appeal in the First Tier Tribunal (FTT) against penalty assessments related to the submission of inaccurate VAT returns