General VAT planning points: February 2017
There are some very simple ways to ease your VAT cashflow or make the VAT rules work for you.
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.
VATflash: Place of establishment
If your business trades internationally you should be aware of the implications of the concept of ‘establishment’ for VAT purposes and how the agenda is being driven by the Courts.
VATflash: An update on the Mini One Stop Shop
Information and guidance on the MOSS VAT regime is being released on a regular basis by the EU Commission and HMRC and it is clear that several aspects will have a significant impact on UK businesses which will need to be addressed.
VATflash September 2014
If your business is involved in the area of digital downloads, or electronically supplied services to give it its more accurate label, you will need to prepare for the new VAT rules coming into force on 1 January 2015 across the EU.
VATflash July 2014
Our July VATflash discusses the changes to customs procedures for imports of goods into the European Union. Tax-Update-VATflash
VATflash November 2013
Our November VATflash discusses the complicated VAT treatment of tripartite arrangements. Although tripartite arrangements are not in themselves unusual, they cause difficulties when determining who can reclaim the VAT on relevant costs since the person contracting and paying for the service may not actually be the person receiving it. VATflash-November-2013-London
VATflash June 2013
Our June VATflash discusses the VAT concept of single vs. multiple supplies and the implications for your business’ VAT position. It also discusses some recent cases relating to this matter for a company selling caravans, a supermarket selling disposable BBQs, and a French undertakers business. VATflash-June-2013-Manchester
VATflash January 2013
January’s VATflash focuses on the changes to the research exemption, the long-term hire of means of transport, updates from the courts and other VAT related issues. VATflash-January-2013
VATflash November 2012
This month’s VATflash discusses the ongoing Tribunal of Sub One, the changes to the Business Records Checks project, HMRC’s latest taskforce launches, extending the higher education VAT exemption to commercial providers, input VAT on the theft of goods, information on the tax gap, VAT registration for non-resident businesses and recent appointments. VATflash-November-2012