21 June 2021
Major changes to the EU’s VAT rules for e-commerce come into force on 1 July 2021. What do UK traders need to know about selling to EU consumers after that date?
18 February 2021
Adapting businesses to the challenges of Brexit and lockdown 3.0 have dominated the boardroom agenda. However, the introduction of the VAT domestic reverse charge for the construction industry and making tax digital's digital links in the spring should not be ignored.
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.
13 August 2020
With new legislation and guidance from HMRC, those in the Hospitality and leisure sectors should now impose careful consideration to maximise VAT benefits without error.
18 July 2020
The UK government announced last month that it will not be seeking an extension to the current transition period, meaning that barring a significant change in the parties' current negotiating position, the UK will leave the EU’s single market and customs union on 31 December 2020.