17 October 2020
In the past, HMRC has accepted that contractually agreed payments due in the event of a breach of contract, and thus amounting to compensation, were typically outside the scope of VAT, because they are not consideration for any supply of goods or services.
18 September 2020
Following recent representations by the Charity Tax Group (CTG), HMRC has agreed to amend its policy on the VAT treatment of online charity advertising. Information on HMRC's new policy was published on 8 September and we suggest that affected advertisers and charities should consider their position carefully.
26 February 2020
Following a tribunal ruling, an independent review and a celebrity led campaign, the Government is under pressure on three sides to end the application of VAT at 20 per cent to digital publications.
06 November 2018
Dixons Carphone Plc (DSG) case regarding the sales of goods on interest free terms is brought to First-tier Tribunal. Tribunal rules against DSG but further litigation likely. Decision impacts retail industry and how similar businesses manage interest free credit terms.
Philip is a partner based in the Southampton office responsible for indirect tax, in particular VAT.