Retailer liable to pay VAT on value of clothes given to employees to wear while working in the shops
The First-tier Tax Tribunal (FTT) has decided that French Connection is liable to account for VAT on the cost of its clothes given to employees
HMRC
UK businesses unaware of VAT obligations
A recent study has discovered that over three quarters of a million, of the UK’s smallest business owners are not aware of the VAT registration
UK businesses unaware of VAT obligations Read More »
Taxpayer wins appeal against level of penalty reducing it from 75% to 18%
It’s fair to say that in the world of sport, the decision of the referee to give a penalty can be contentious. Unfortunately for
Taxpayer wins appeal against level of penalty reducing it from 75% to 18% Read More »
Compliance costs SMEs
SMEs pay almost £10 billion in tax compliance costs each year, according to research by the Association of Accounting Technicians (AAT). In a recent survey of 500
Compliance costs SMEs Read More »
Prompt Payment Discounts are Changing!
If you make or receive prompt payment discounts, you need to read this. HMRC has recently reminded us of its intention to remove one of
Prompt Payment Discounts are Changing! Read More »
Yet another round is looming in respect of the Bridport Golf Club case
We have previously mentioned in other blogs that HMRC might be looking to argue that if it were to repay private members’ golf clubs overpaid
Yet another round is looming in respect of the Bridport Golf Club case Read More »
Non residents to pay tax on UK residential property
Following the closure of the consultation period, HMRC has confirmed that from 6 April 2015 non UK residents will pay capital gains tax on
Non residents to pay tax on UK residential property Read More »
Trustees take note!
FATCA is here! In September 2012 the UK and US signed a treaty to implement the Foreign Account Tax Compliance Act (FATCA) in the UK.
Trustees take note! Read More »
What are the VAT consequences of an out of court settlement?
A recent case Decided by the First Tier Tax Tribunal highlighted how HMRC can sometimes misread the facts and thereby seek to apply the law
What are the VAT consequences of an out of court settlement? Read More »
The Dangers of using Tax Schemes
H M Revenue and Customs (HMRC) have today issued a list of the top 10 things that tax scheme promoters don’t tell businesses before they
The Dangers of using Tax Schemes Read More »
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