This month there are several VAT issues which are polar opposites in nature, ranging from administrative matters to critically important opinions under European law.
Latest news & events
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.
Almost two thirds of all VAT decisions issued by HMRC found incorrect on review
Almost two thirds (65%) of all penalties and decisions issued by HM Revenue & Customs (HMRC) to taxpayers in relation to VAT matters are subsequently found to be incorrect and are overturned on internal review.
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.
For anyone who owns their own business or deals with accounting and invoicing matters on a daily basis, you will know that VAT is notoriously complicated and time consuming. This document outlines how our VAT specialists can help you navigate through the complex web of rules and regulations. VAT
VATflash July 2014
Our July VATflash discusses the changes to customs procedures for imports of goods into the European Union. Tax-Update-VATflash