Tax hub for our Abergavenny clients
Consultation on reduced rates for electronically supplied publications
The disparity of VAT treatment between printed publications, which are zero-rated in the UK, and digital publications, which are charged with VAT at 20%, has been grumbling around the industry for a long time.
Employee Shareholder Status and growth shares
21 July 2016 Companies and groups who do not qualify for Enterprise Management Incentive share options are finding ESS growth shares invaluable.
Poles apart – HMRC challenge scaffolder’s VAT treatment
27 June 2016 It is apparent that HMRC have established a national VAT Scaffolding Team and are systematically selecting candidates for compliance checks. They may come knocking at your door next.
John Sheehan, tax partner in our Letchworth office, shares his thoughts about the impact of the UK’s decision to leave the EU.
How will Brexit affect VAT?
There will be uncertainty over the coming months as the detailed issues are worked out, however, some things, like VAT, will be driven by the cold hard reality of tax law and the supremacy of a democratically elected Parliament.
Tax update, issue 49, Summer 2016
Download our latest Tax Update for our summary of current tax issues that could impact upon you and your business.
HMRC loses its defence against golf clubs’ VAT refund claims
Having been told several years ago by the European Court that the UK’s VAT treatment of non-member green fees at golf clubs was wrong, HMRC fought a long battle to restrict the VAT refunds as much as possible. The UK Courts have finally ended the matter.
Late real time information penalty scheme to remain until April 2017
Following a review by HMRC, the existing penalty scheme under Real Time Information (RTI) has been extended to April 2017.
Bill of Rights may not be good news for taxpayers
The government moved one step closer to withdrawing the Human Rights Act by announcing consultations on a British Bill of Rights. However, until there are clearer protections for taxpayers this news should be viewed with caution by taxpayers.
VATflash: HMRC lose in relation to input VAT for Single Farm Payment Entitlement
HMRC have recently lost an important case which has resulted in farming businesses that have purchased units of Single Farm Payment Entitlement, where HMRC have disallowed the input VAT claims, to now make a back claim to HMRC for the VAT plus interest.