18 May 2020
Coronavirus has resulted in many charities suffering a significant decline in revenues, and irrecoverable VAT costs increase significantly. We recommend that charities should build this reduction into their cash flow projections.
01 May 2020
The Government has announced that the application of the zero rate of VAT to supplies of 'digital publications' will be brought forward to 1 May.
20 October 2017
Sporting services provided by an eligible not-for-profit body are treated as VAT exempt. Whilst exempt bodies usually lose entitlement to reclaim their own VAT costs, more often than not, there’s a net commercial and financial benefit from not applying VAT to the supply.
27 January 2017
HMRC has published draft legislation for the apprenticeship levy. Further guidance on certain aspects of the levy has also been published.
27 January 2017
To standard rate or to not standard rate? What’s the latest with CON29 fees.
27 January 2017
HMRC has recently published draft legislation following the 2016 Autumn Statement, which provides clarification on a number of areas.
27 January 2017
The government will legislate in Finance Bill 2017 to remove the income tax and NICs advantages of benefits provided through salary sacrifice arrangements.
27 January 2017
The Advocate General of the European Court has provided their opinion for sporting services provided by local authorities, the NHS and other public bodies. Will the VAT liability change and have you potentially overpaid VAT?
28 November 2016
In our previous newsletter, we provided details of HMRC's consultation on salary sacrifice. HRMC is now analysing the feedback to announce any changes in the 2016 Autumn Statement. Are you confident your salary sacrifice schemes arrangements are correctly structured?