Tax / VAT: keeping to the rules for the flat rate scheme

Stanley Dencher, specialist tax writer at CCH, outlines the conditions for using the flat rate scheme for VAT, considering various First Tier Tribunal decisions on whether the flat rate scheme was applied in the right circumstances and at the correct rate

Tax / Wetherspoons cuts food and drink prices today in protest over VAT

Wetherspoon’s pubs across England, Wales and Northern Ireland will be cutting the price of all food and drink by 7.5% on the 20 September, as part of national tax equality day to promote the benefit of a VAT reduction in the hospitality industry

Tax / VAT regulations for Making Tax Digital available by April 2018

The government has revealed plans to publish and consult on draft VAT regulations for Making Tax Digital with the aim to have the regulations in place by April 2018 to give businesses and software developers at least 12 months to prepare, although no consultation date has been set

Tax / OTS seeks tax professionals

The Office of Tax Simplification (OTS), the statutory body which is an independent office of the Treasury and gives independent advice to the government on simplifying the UK tax system is looking for people to join its team

Tax / Government sets out plans for Making Tax Digital for VAT in Finance Bill (No.2)

The latest draft Finance Bill sets out the framework for VAT reporting under Making Tax Digital, confirming that the rules will not be in place before April 2019 while those who fall below the VAT threshold, currently £85,000, will not have to digitally report 

Tax / VAT scam car dealer to pay £2m or face more jail

A jailed luxury car dealer, who built a property empire with profits from a VAT scam involving Lamborghinis, Porsches and Mercedes, has been ordered to repay £2m or face an additional ten years in prison

Tax / December 2017 end date for HMRC payments at Post Office

HMRC has confirmed that from 15 December 2017 taxpayers will not be able to make payments for outstanding tax bills at any Post Office via cheque, cash or card

Tax / FTT slams HMRC conduct over ‘unprompted’ VAT claim

A First Tier Tribunal (FTT) has issued a 37-page ruling relating to an appeal against a £69 VAT assessment and three penalties of £780, £8.85 and £10.35, saying the decision was a great deal longer than normal for such small amounts because of ‘a number of disturbing features’ about HMRC’s 'muddled' conduct

Tax / VAT updates: September 2017

Graham Elliott, VAT expert at City & Cambridge Consultancy questions building status argument in Summit case, Making VAT Digital, VAT on non-EU mobile phone calls, students union and exemptions

Tax / Sports Direct wins tribunal over HMRC VAT claims

Retailer Sports Direct has scored a second victory against HMRC in a dispute over VAT rules relating to distance selling, with the Upper Tribunal agreeing with an earlier First Tier Tribunal (FTT) that HMRC was wrong to say the appeal should be struck out

Tax / Ebay seller avoids jail after £200k tax fraud

Businessman Imtiaz Rashid’s attempt to purchase a house in cash led to HMRC’s discovery of his £200,000 tax fraud, Leeds Crown Court heard

Tax / HMRC loses case over Tesco Clubcard VAT treatment

Tesco has won a dispute at the First Tier Tribunal (FTT) against HMRC over whether the supermarket giant is entitled to a refund on the VAT charged by third parties relating to its Clubcard loyalty scheme, with reference to the similar Aimia VAT case over the Nectar reward scheme

Tax / Marchant: VAT troubles for Uber

The rise of the gig economy raises questions about the chargeability of VAT and liability under supply and service principles, highlighted by legal action against Uber over disputed VAT. Robert Marchant, VAT partner at Crowe Clark Whitehill examines the issues at play

Tax / Waitrose joins retailers’ action on ‘tampon tax’

Waitrose has followed Tesco’s lead to become the second major UK supermarket to cut the price of women’s sanitary products in order to cover the cost of the 5% ’tampon tax’ for consumers

Tax / Overseas businesses face eBay VAT charge changes

This month sees e-commerce giant eBay start charging 20% VAT on its fees to tens of thousands of businesses trading in the UK, in line with HMRC’s tougher stance against online traders who fail to register for VAT returns