VAT

Tax / HMRC mulls ‘split payment’ approach to online VAT collection

HMRC has issued a call for evidence on an alternative method of collecting VAT for online business to consumer sales, in a bid to tackle the growing problem of tax losses on sales via online marketplaces made by businesses based overseas

Tax / Clampdown on promoters of VAT avoidance schemes

The draft Finance Bill 2017 has confirmed plans to widen the scope of the disclosure of tax avoidance schemes (DOTAS) to include all indirect taxes including VAT, from 1 September 2017, with penalties of up to £10,000 for non-compliance

Tax / Making Tax Digital VAT reporting starts April 2019

All sole traders, the self employed and landlords will have to start quarterly reporting VAT through the Making Tax Digital from April 2019, including VAT, HMRC has confirmed

Tax / Budget 2017 briefing: key measures at a glance

In our roundup of the Budget 2017 essentials, we review the key tax measures announced in a slimline event, from the unexpected hike in national insurance rates for the self employed to a cut in the tax-free dividend allowance, potential tax liability for pensions transferred overseas, corporation tax cuts and VAT roaming charges for long haul travellers for the first time

Tax / Budget 2017: 20% VAT on roaming charges outside EU

The Chancellor has announced the introduction of UK VAT on roaming telecoms services used outside the EU for the first time, meaning that holiday makers and business travellers will see a 20% hike in call charges

Tax / Budget 2017: VAT registration threshold rises to £85k

From 1 April 2017 the VAT registration threshold will increase to £85,000 from £83,000 and the deregistration threshold will rise from £81,000 to £83,000, announced by Chancellor Philip Hammond as part of the spring Budget

Tax / Onshore tax evasion and avoidance: compliance and penalties - part 2

More tax is lost to onshore evasion or non-compliance than to offshore evasion and avoidance, and HMRC is armed with a raft of tools to curb the practice.  In the second of a two part series, Jason Collins, a member of the CIOT’s management of taxes sub-committee and partner at Pinsent Mason, reviews government strategy and changes to the rules

Tax / VAT flat rate scheme: what the new rules mean

A rise in the levy for the VAT flat rate scheme from April 2017 will hit limited cost traders and may wipe out the benefits, warns Benjamin Grunberg ACA, partner at Grunberg & Co

Tax / VAT updates: March 2017

The latest VAT rulings with implications for businesses include late VAT registration in Taylor Construction, overseas agents' supplies in Newcastle University case and business or not at issue in Gravel Road Records, writes Graham Elliott, director at City & Cambridge Consultancy 

Tax / HMRC issues revised VAT flat rate rise guidance

HMRC has released updated guidance on the changes to the VAT flat rate scheme for small businesses, which is due to come into force this April, but has not finalised the more than 50 individual sector rates despite the imminent flat rate rise to 16.5%

Tax / OTS VAT progress report considers lowering threshold

The UK’s VAT regime could be ‘less distortive’ if the registration threshold were brought down from its current £83,000 level, according to an Office of Tax Simplification (OTS) progress report and call for evidence

Tax / Potential challenge to Uber over £20m VAT claim

Tax barrister Jolyon Maugham has indicated he is planning a legal challenge to rideshare company Uber, which he claims could owe some £20m annually in unpaid VAT on fares

Tax / VAT flat rate rise will not reduce abuse of system

Plans to crackdown on abuse of the VAT Flat Rate Scheme (FRS) may be ineffective and have unwelcome consequences for tax compliant small businesses, claims CIOT

Tax / VAT relief for buying adapted cars ‘blunt instrument’

Restrictions on the VAT relief available for disabled people when buying cars could increase the costs of changing vehicles and make it harder for disabled drivers to swap to a more suitable vehicle when their circumstances alter, warns the Low Incomes Tax Reform Group (LITRG)

Tax / Plumber wins employment status battle with Pimlico Plumbers

The Court of Appeal has handed down an important ruling relating to the distinction between workers and the self employed, dismissing an appeal by Pimlico Plumbers which resulted from one of its plumbers taking a case to the employment tribunal arguing for treatment as an employee rather than a contractor, reports Pat Sweet
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