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 […]
VAT
Do you sell at Car Boots? The VAT-Man is after you!
HMRC are taking an interest people who ‘trade’ at car boot sales, festivals, craft fairs, agricultural/flower shows, collectors fairs and similar events with a view to establishing
Do you sell at Car Boots? The VAT-Man is after you! Read More »
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 »
Upper Tribunal considers whether compromise agreement precluded VAT recovery assessment
The Upper Tax Tribunal recently considered whether HMRC was entitled to issue an assessment to recover amounts of VAT paid to the taxpayer in error.
Upper Tribunal considers whether compromise agreement precluded VAT recovery assessment Read More »
Do you need to appeal a VAT Surcharge Notice when the amount due is £nil?
The VAT surcharge system imposes no penalty the first time a business submits its VAT return later than it should have done. Neither is there
Do you need to appeal a VAT Surcharge Notice when the amount due is £nil? 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 »
MOSS – IT HAS NOTHING TO DO WITH ROLLING STONES
In the first of two blogs on this subject, we look at what MOSS is and why it has been introduced. A subsequent blog will
MOSS – IT HAS NOTHING TO DO WITH ROLLING STONES Read More »
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