Tax | Gaming machine ruling changes HMRC’s position

HMRC has clarified its position on historic claims about the VAT treatment of gaming machines following the outcome of two key cases with gambling companies

26 Aug 2021

Tax

VAT

HMRC

Tax | Restaurateur banned for £200k undeclared tax

A Hove restaurant director has been banned for six years after it was found that he had under-declared his tax by more than £200,000

26 Aug 2021

Tax

Business Tax

VAT

Called to Account

Tax | Fraudster finally jailed for £817k VAT fraud

A fraudster who fled the country in 2013 after being charged for an £817,000 VAT fraud based on fake sales has finally been jailed for four years

26 Aug 2021

Tax

Business Tax

VAT

HMRC

Called to Account

Tax | Q&A: reduced rate VAT on camper van hire

In this week’s Q&A, Croner Taxwise VAT advice consultant Sally Atkins considers whether reduced rate VAT applies to camper van hire

24 Aug 2021

Tax

VAT

Tax Compliance

Tax | Chip shop owner banned after failing to declare £460k in tax

A Welsh fish and chip shop owner has been issued a ban for five years from the Insolvency Service after failing to declare £459,522 in VAT over the course of five years

20 Aug 2021

Tax

VAT

Called to Account

Tax | Inheritance tax receipts rise £500m after nil-rate freeze

HMRC’s latest tax receipt figures show a sharp improvement compared to this time last year with inheritance tax (IHT) rising by £500m after the nil-rate freeze in the Spring Budget

20 Aug 2021

Tax

Business Tax

Employment Tax

Personal Tax

Property Tax

VAT

HMRC

Tax | PPI claims handler loses bid for VAT exemption

The Upper Tribunal has upheld the First Tier Tribunal’s (FTT) decision that the services provided by the Claims Advisory Group Ltd for mis-sold PPI claims were not exempt and were subject to VAT

19 Aug 2021

Tax

VAT

Case Reports

Tax | Tax rises and spending cuts needed for independent Scotland

An independent Scotland would need to need to raise taxes or cut spending in order to reduce its budget deficit says Institute for Fiscal Studies (IFS)

19 Aug 2021

Tax

Business Tax

Personal Tax

VAT

Business

Tax | Q&A: VAT on supply of land or supply of services?

In this week’s Q&A, Croner Taxwise VAT adviser Paul Knott considers whether there is VAT liability on a supply of land versus a supply of services

17 Aug 2021

Tax

VAT

Tax | Government cuts the cost of PCR tests for travellers

The UK government has announced that it has cut the cost of the NHS Test and Trace PCR test for international arrivals and has launched a review to private testing providers

16 Aug 2021

Tax

VAT

Business

Companies

Tax | Wetherspoons to slash prices for one day

Pub group, J D Wetherspoons is to cut the price of all food and drinks in its pubs by 7.5% on Thursday 23 September to highlight the benefit of a permanent VAT reduction in the hospitality industry

13 Aug 2021

Tax

Business Tax

VAT

Tax | Contractor left with £1.7m tax bill

A developer linked to several stalled construction sites in Liverpool and under investigation by the Serious Fraud Office has been hit with a tax bill of more than £1.7m

12 Aug 2021

Tax

Business Tax

VAT

HMRC

Case Reports

Tax | £1.9m VAT fraudster jailed for five years

A fraudster who stole nearly £1.9m of taxpayers’ money to fund a lavish lifestyle, including buying three Spanish villas, has been jailed for five and a half years

5 Aug 2021

Tax

VAT

Called to Account

Tax | Business owners at risk of penalties in digital tax overhaul

More than 2m SME owners are at risk of falling foul of the new digital bookkeeping rules and procedures ahead of Making Tax Digital (MTD) for VAT reform coming into force in 2022

4 Aug 2021

Tax

Making Tax Digital

VAT

Tax | Tax fraudster ordered to repay £5.5m

A North East Engineering company boss who was jailed for eight years for tax fraud in 2018 has been ordered by the court to pay back around £5.5m within three months or face 10 years in prison

3 Aug 2021

Tax

Employment Tax

VAT

Called to Account