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.
14 May 2020
The real estate sector is facing a number of new stresses in the current market. Unintended VAT costs to developers may be arising. Read more here for more information.
30 April 2020
In a challenging market, a change in use of a planned residential development of new housing may give rise to an unintended VAT cost to the developer.
27 March 2020
VAT may be able to create important cash flow advantages. This article outlines just one option that commercial property landlords should consider, allowing them to realise a significant cash advantage.
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.
24 February 2020
Our survey of middle-market consumer business leaders shows that in 2020, organisations are focused on remaining competitive by keeping costs low and cultivating innovation. What can you learn from your competitors and how can you achieve success?
19 December 2019
Andrew Westbrook, head of retail at RSM, comments on the latest retail sales figures for November from the Office of National Statistics.
16 December 2019
After an unpredictable climate for the retail sector moving into 2020 we predict what lies ahead for the industry in the new year.
25 November 2019
Andrew Westbrook, RSM's head of retail, comments ahead of this year's Black Friday.