Tax man gets tough!
VAT-registered taxpayers who are behind in submitting their returns and payments are being offered a time-limited opportunity to put their affairs in order. Businesses have […]
Tax man gets tough! Read More »
VAT
VAT fraud rife in the UK
A recent report prepared has revealed that tax fraud makes up 44% of all the fraud reported in the UK. At £603 million, tax fraud
VAT fraud rife in the UK Read More »
New EU VAT invoicing rules from 1st January 2013
As of January 1st 2013, new EU wide rules came into effect with the aim of simplifying the invoicing process for business. Most importantly the
New EU VAT invoicing rules from 1st January 2013 Read More »
Autumn Statement Tax Changes
On Wednesday 5 December 2012, the Government delivered its Autumn Statement. The Chancellor announced this year he was seeking to offer ‘new support for business
Autumn Statement Tax Changes Read More »
MACHINE GAMES DUTY- ARE YOU READY?
On the 1st February of next year income from certain gaming machines will become subject to new form of duty known as Machine Games Duty
MACHINE GAMES DUTY- ARE YOU READY? Read More »
VAT reclaim on business mileage claims
Many (most) employers no longer provide company cars, or fuel to their employees so as to avoid the penal, and ever increasing tax charges on
VAT reclaim on business mileage claims Read More »
Considering the VAT implication of the FSA’s Retail Distribution Review
A great deal of discussion has taken place over the last year concerning the VAT implications of the RDR. There is a general unease that
Considering the VAT implication of the FSA’s Retail Distribution Review Read More »
VAT Cost Sharing Exemption
The new VAT cost sharing exemption has now been introduced into UK legislation. Businesses and organisations often work with others to share costs and resources.
VAT Cost Sharing Exemption Read More »
First Tier Tax Tribunal agrees with the taxpayer regarding penalties
The Tax Tribunal’s decision in the recent case of J R Hanson v HMRC dismisses the Revenue’s claim that the taxpayer should check professional advice.
First Tier Tax Tribunal agrees with the taxpayer regarding penalties Read More »
Charities, beware the VAT pitfalls of Service Level Agreements
Are you in the not for profit sector? Do you enter into service level agreements in order to receive “grant “income? If the answer to
Charities, beware the VAT pitfalls of Service Level Agreements Read More »
free making tax digital briefing 