06 February 2019
With the UK’s withdrawal from the EU just around the corner and a no-deal Brexit very much still a possibility, HMRC has published guidance on some of the practical challenges that could face UK businesses including reclaiming VAT from EU member states; VAT registration issues for consumer businesses selling digital services to the EU; and how to verify UK VAT registration details. Affected businesses must act now.
26 June 2017
This week saw the Conservatives striking a deal with the DUP, but what does this mean for tax in Northern Ireland, and what will be the knock on effect for the rest of the UK?
09 June 2017
With the UK now facing the certainty of a hung parliament, the tax consequences are anything but clear. The next days and weeks may see a new leader for the Conservative party, a coalition government or even another election.
31 May 2017
One way or the other, the Court of Justice of the European Union has had a say in tax claims totalling £49bn which are now facing HMRC. Some people are critical of the companies which are legitimately claiming these amounts. But is that fair? And, after Brexit, will these claims be rejected?
17 January 2017
Two recent reports on HMRC's performance contain worrying pointers towards unrealistic planning and excessive optimism at the highest levels. Lessons must be learned from these.
01 November 2016
In this week’s Tax Brief we expose an attempt by the NAO to encourage HMRC to 'farm' the wealthiest people for more taxes, discuss the tax and VAT implications of the recent Uber case and explain why proposed changes to partnership taxation should either be deferred or dropped.
21 September 2016
The Swedish government has recently announced it will cut the rate of VAT on repairs from 25 per cent to 12 per cent in an effort to encourage citizens to throw away fewer household items and to have more repaired. With Brexit just around the corner, it seems to us that this could work particularly well for the UK economy too.
25 May 2016
Reports that HMRC has been looking into the VAT treatment of adult colouring books raises wider issues about how the tax system deals with new developments in the market place. HMRC’s actions have been criticised, but should we really be rushing to judgement?
09 March 2016
With the referendum on the UK’s EU membership now set for 23 June, the Chancellor is coming under increasing pressure not to rock the boat with more tax hikes on Budget Day.