This month there are several VAT issues which are polar opposites in nature, ranging from administrative matters to critically important opinions under European law.
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Latest News & Events
HMRC investigations bring in a record £3.9bn of extra VAT from SMEs
The amount of extra VAT taken from investigations into SMEs by HMRC’s local offices has almost doubled in three years, rising from £2.2billion in the 2010/11 tax year.
HMRC’s internal VAT review process tips in favour of HMRC over businesses
Businesses are losing out as HMRC’s internal VAT decision review process appears to be making decisions increasingly in HMRC’s favour,
UK consumers burdened with highest sales taxes in G8
UK consumers are suffering under some of the highest level of consumption and sales taxes in the G8*, according to our new research.
Travellers are set to face increasing phone bills when using their mobile phones abroad
In the Spring Budget 2017, the government announced that it will remove the VAT use and enjoyment provision for mobile phone services provided to consumers.
VAT: significant change to flat-rate scheme
Unfortunately, the Government is clamping down on the use of the VAT flat-rate scheme by ‘limited cost traders’.
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.