The government has announced the list of charities and good causes which will benefit from £15m of funding from the latest round of the tampon tax fund, bringing the total handed out to £47m

Businesses are failing to prepare for the impact exit from the EU will have on their tax affairs, according to research by BDO which found that 65% of UK companies lack a formal VAT strategy, leaving many looking for professional help in determining the best approach going forward

HMRC has published a briefing note and VAT information sheet on the changes to the VAT exemption for cost sharing groups, after recent European court cases ruling on several issues

Iain Donaldson, partner at Hill Dickinson, considers the barriers to frictionless trade under a post-Brexit VAT regime facing hard or soft borders

Chancellor Philip Hammond kept his first Spring Statement short and sweet, instead updating the public on the state of the economy and choosing to save any tax measures for the Autumn Budget. Expert tax writers from Croner-i summarise the 13 consultations announced in preparation for this fiscal event

New legislation making online marketplaces more accountable for VAT fraud committed by online sellers on their platforms have come into force this week, as part of a package of measures in Finance Act 2018 which the Treasury says are set to raise an additional £1.2bn in tax

Among the slew of consultations announced in the Spring Statement this week, the decision to review the VAT threshold is perhaps one of the most important. Yvette Nunn (Fellow) ATT (Fellow) MAAT, director of Berkeley Associates, considers the complexities of overhauling the threshold 

The Treasury has launched a consultation to assess how the VAT registration threshold can incentivise small businesses to grow after it was reported that many opt to stay below the £85,000 turnover mark to avoid paying VAT

HMRC and Treasury have announced a joint consultation on possible options for how a split payment system could be used to combat online VAT fraud, with a standard rate split, flat rate scheme and net effective rate being put forward as possible options

The European Commission has signalled its intention to crack down on VAT evasion in the maritime sector, by opening infringement procedures against Cyprus, Greece and Malta for not levying the correct amount of VAT on the provision of yachts

The UK’s approach to ‘blocking’ VAT recovery on the installation of white goods, such as washing machines and fridges, by builders into new homes has been further clarified in an appeal brought by Taylor Wimpey over £53m of VAT recovery, with the Upper Tribunal rejecting the housebuilder’s claim that this approach was unlawful

The EU is investigating the UK’s VAT treatment of commodity derivatives trades over concerns that it has not paid enough tax under single market rules