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.
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
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