Tax | Poundland wins £2.15m HMRC VAT case

The high street retailer Poundland has won a £2.15m VAT case against HMRC regarding a stock adjustment dispute on the group’s switch from its old bespoke retail scheme

25 Jun 2021

Tax

Business Tax

VAT

HMRC

Case Reports

Tax | Tax take increases £45.5bn from last year

It looks like there is a light at the end of the tunnel as HMRC publishes the latest tax receipt figures for April 2021 to May 2021 totalling £106.8bn, which is £45.4bn higher than in the same period last year 

22 Jun 2021

Tax

Business Tax

VAT

HMRC

Tax | Royal Opera House loses £532k VAT case

The Court of Appeal has ruled that London's Royal Opera House could not include sales of catered food and drinks when deducting £532,000 in input VAT because they were not tied to production costs

22 Jun 2021

Tax

Business Tax

VAT

HMRC

Case Reports

Tax | Q&A: VAT compliance on online platforms and digital services

In this week’s Q&A, Sally Atkins, VAT advice consultant at Croner Taxwise, assesses the VAT compliance and place of supply issues when acting as a content creator on online platforms and revenue raised from the site

22 Jun 2021

Tax

VAT

Tax | HMRC clarifies VAT liability for day care services

HMRC has published details of its interpretation of the rules on the VAT liability of day care services provided by private bodies to vulnerable adults in England after the rejection of a Supreme Court appeal 

15 Jun 2021

Tax

VAT

HMRC

Tax Compliance

Tax | Q&A: VAT recovery on premises for an exempt business

In our regular Q&A series, Paul Knott, VAT adviser at Croner Taxwise considers the VAT exemption rules when converting a commercial building to alternative use

15 Jun 2021

Tax

VAT

Tax Compliance

Tax | Over 500,000 businesses filed VAT returns late

A total of 519,120 VAT returns were filed late by businesses last year, up 13% from 459,190 the previous year, leaving many SMEs exposed to interest and penalties on their outstanding bills, warns UHY Hacker Young

9 Jun 2021

Tax

VAT

Tax Compliance

Tax | Biomass producer wins case over disputed £150k VAT bill

The First Tier Tribunal has thrown out an HMRC claim for underpaid VAT in a case about a northern Ireland wood chip business

3 Jun 2021

Tax

VAT

Case Reports

Tax | Q&A: tax and electric car charging

In our regular Q&A series, Croner Taxwise VAT adviser Rachel Clark, examines the tax compliance issues with electric car charging for business vehicles

1 Jun 2021

Tax

Business Tax

VAT

Tax | VAT updates: June 2021

In this month’s round-up of VAT cases, Graham Elliott head of City & Cambridge Consultancy, examines the decisions in Prudential Insurance, R K Fuels and zero rating at stake in WM Morrisons’ appeal

1 Jun 2021

Tax

VAT

Tax | Grants to further education institutions outside scope of VAT

HMRC has confirmed that higher education facilities which receive grant funding will not be inside the VAT system, pending an appeal

28 May 2021

Tax

VAT

HMRC

Tax | Tower Resources wins appeal over disputed £600k VAT

In a long-running case about input tax on services recharged to subsidiaries, AIM listed Tower Resources has won a ruling at the Upper Tribunal over a £600,000 disputed VAT reclaim

27 May 2021

Tax

VAT

Case Reports

Tax | Third of corporate criminal offence probes target largest organisations

HMRC is currently investigating 14 businesses for failing to stop instances of tax evasion with a third of the cases covering some of the UK’s largest organisations

27 May 2021

Tax

Business Tax

VAT

Tax Compliance

Tax | EU VAT regime changes will hit retail businesses

UK retail businesses selling into the EU need to make sure they are prepared to meet the new EU VAT regime starting on 1 July, warns tax and advisory firm Blick Rothenberg

27 May 2021

Tax

VAT

Tax Compliance

Tax | Moulsdale Properties loses tax case over £995k VAT bill

An Upper Tribunal at the Scottish Court of Session has dismissed an appeal made by the owner of Moulsdale Properties who argued that his property sale was exempt from VAT

25 May 2021

Tax

VAT

Case Reports