HMRC urged to temper new VAT penalties for online retailers
Date26 Jan 2018
CategoryVAT Compliance
HMRC urged to temper new VAT penalties for online retailers ‘The Chartered Institute of Taxation (CIOT) is calling for amendments to a new government scheme to tackle VAT evasion to...
UK – Tax News
Date14 Nov 2017
CategoryVAT Compliance
The UK sets out post-Brexit cross-border tax plansOn the 9th October, 2017, the UK Government released a number of ‘white papers’, setting out how it will accomplish its trade and...
UK Tax
Date16 Aug 2017
CategoryVAT Compliance
UK postpones tax technology plansGeorge Osborne, the previous Chancellor of the Exchequer announced last year “the death of the tax return”. A new plan named “Making Tax Digital’ and was...
VAT rises ruled out ahead of UK elections
Date19 May 2017
CategoryVAT Compliance
The current Conservative government and the main opposition Labour party recently ruled out future rises in VAT ahead of June’s election.Since the 10%+ debit from the financial crisis, the UK...
More than 35,000 micro-businesses drawn into Brexit EU VAT net
Date17 May 2017
CategoryVAT Compliance
It is estimated that 35,755 UK micro-business selling over the internet into Europe face being drawn into the EU VAT net for the first time following Brexit. Cost could reach...
BREXIT – UK VAT and potential tax opportunities
Date26 Apr 2017
CategoryVAT Compliance
The concerns around Brexit has been dominated by the potential negatives and uncertainties facing the UK economy as it arranges to leave the European Union. This has been compounded in...
UK – VAT split payment system
Date24 Apr 2017
CategoryVAT Compliance
Recently the UK government launched a consultation on the use of split VAT payments for the e-Commerce industry. This split payment mechanism consists of the customer paying the VAT share...