VAT

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Tax | UK continues to refuse to cut VAT on e-books

The UK continues to charge VAT on e-books, audio books and online newspapers despite changes to EU VAT rules introduced last year and since adopted by a growing number of member states

9 Aug 2019

Tax | HMRC will not send out confirmation emails for MTD VAT returns

HMRC has issued a last-minute update to its guidance stating that it will not be sending out confirmation emails on receipt of Making Tax Digital for VAT submissions

8 Aug 2019

Tax | UK digital tech businesses want tax streamlined

The UK’s digital tech businesses are positive about tax compliance but struggle with the complexity of some requirements, notably VAT and employment taxes, according to HMRC research

8 Aug 2019

Tax | Half of small businesses make VAT return errors

Half of small businesses say they have made mistakes when sending in their VAT return and only a quarter are confident they have the figures correct despite spending more than an hour checking

6 Aug 2019

Tax | What you need to know about Making Tax Digital

The deadline for the first round of VAT returns under Making Tax Digital (MTD) is fast approaching – here’s what you need to know if you haven’t already filed your first VAT return via MTD

2 Aug 2019

Tax | HMRC loses £1m VAT case against Scottish farmer

HMRC has lost a £1m VAT case on appeal at the Supreme Court against a Scottish farmer over the purchase of farm subsidy entitlements

31 Jul 2019

Tax | Construction industry reverse charge VAT ‘chaos’

Just over two months before major changes to VAT invoicing take effect for the construction industry, two thirds of SMEs in the sector know nothing about the new reverse charge regime, reports Pat Sweet

25 Jul 2019

Tax | HMRC blames Brexit for shortcomings in service delivery

HMRC says that the pressure of preparing for Brexit has adversely affected business operations including call centre targets

22 Jul 2019

Tax | Accounting for VAT adjustments when prices change

HMRC has updated the accounting rules for adjustments to VAT when there are increases or reductions in the price of goods or services, set to come into effect in September

22 Jul 2019

Tax | Plans to simplify VAT capital goods scheme

The government has launched a consultation on simplifying VAT on capital assets to reduce the administrative burden of capital goods scheme (CGS) compliance

22 Jul 2019

Tax | VAT Q&A: how travel agents must account for VAT using billback arrangement

In this week’s Q&A, Vivienne Scott, senior VAT consultant at Croner Taxwise, explains how travel agents must use the Tour Operators’ Margin Scheme (TOMS) to account for VAT

16 Jul 2019

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VAT

Tax Compliance

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Tax | HMRC promises leniency despite slow take up of Making Tax Digital

HMRC has promised not to throw the book at firms who struggle to register for Making Tax Digital (MTD) as new figures show total take-up lagging in certain sectors

15 Jul 2019

Tax | Scope of reduced VAT rate for solar panels narrows

The VAT incentive for installing energy efficiency measures in residential accommodation is to be amended to bring the UK into line with EU rules, HMRC has confirmed

15 Jul 2019

Tax | Five-day turnaround time for MTD direct debits

Taxpayers need to allow five working days to set up a direct debit instruction for the new Making Tax Digital (MTD) service

9 Jul 2019

Tax | VAT Q&A: how to re-register for VAT

In our regular Q&A series, Croner Taxwise VAT consultants explain the rules around re-registering a business for VAT after a period of time when turnover fell below the VAT threshold

9 Jul 2019

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VAT

Tax Compliance

Image for hmrc takes action stop renewable energy carousel vat fraud

Tax | HMRC takes action to stop renewable energy carousel VAT fraud

The government is cracking down on abuse of renewable energy certificates where fraudsters get involved in complex reselling to steal VAT payments and deprive the Exchequer of revenue

21 Jun 2019

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Latest news

Tax | UK continues to refuse to cut VAT on e-books

Tax | HMRC will not send out confirmation emails for MTD VAT returns

Tax | UK digital tech businesses want tax streamlined

Tax | Half of small businesses make VAT return errors

Tax | What you need to know about Making Tax Digital

Tax | HMRC loses £1m VAT case against Scottish farmer

Tax | Construction industry reverse charge VAT ‘chaos’

Tax | HMRC blames Brexit for shortcomings in service delivery

Tax | Accounting for VAT adjustments when prices change

Tax | Plans to simplify VAT capital goods scheme

Tax | VAT Q&A: how travel agents must account for VAT using billback arrangement

Tax | HMRC promises leniency despite slow take up of Making Tax Digital

Tax | Scope of reduced VAT rate for solar panels narrows

Tax | Five-day turnaround time for MTD direct debits

Tax | VAT Q&A: how to re-register for VAT

Tax | HMRC takes action to stop renewable energy carousel VAT fraud