This month there are several VAT issues which are polar opposites in nature, ranging from administrative matters to critically important opinions under European law.
- Tax Hub
- Service & sector brochures
- International Business
- Creditor reports portal
- Budget summary
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.
HMRC response times unacceptable
13 November 2015
HMRC’s response times have been steadily deteriorating over the last year or so with the Option to Tax Unit in Glasgow a particular cause for concern.
Rangers EBT Case hits the Buffers
4 November 2015
The Court of Session found that both the employees of the Murray Group and the footballers of Rangers Football Club were liable to income tax on payments into the employee remuneration trusts, overturning earlier decisions in favour of the taxpayers.
European Court decision shakes up VAT world
30 October 2015
The European Court has just delivered a decision to shake up the VAT world with regards to organisations that incur VAT on expenditure used for free activities or where there are no supplies as a direct result, but where there is a wider benefit to the overall business operation.