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Understanding the VAT recovery rules in relation to costs, supplies, and activities
Audrey Fearing

18 May 2020

The upper tribunal case for Royal Opera House Covent Garden Foundation calls into question the approach to be taking by organisations that undertake non business and business activities.

Protecting VAT cash flow on commercial developments

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.

When is a book not a book? When the tax man gets involved
Jim Burberry

05 March 2020

Ian Brown, VAT Manager, comments on the VAT implications on books and newspapers.

VAT tribunal allows zero-rate for digital newspapers

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.

Tourist tax consultation set to close, but what could the impact be?
Stuart McCallum

29 November 2019

The outcome of the ‘tourist tax’ consultation will be eagerly watched by many in the leisure and hospitality sectors. But this concern also stretches across into the food and drink sector which has embraced the appeal of provenance for Scottish brands and the sector has expanded in the experiential with activities, such as whisky and gin distillery tours.

Proposed 25 per cent tariffs is a blow to the scotch whisky sector
Stuart McCallum

03 October 2019

The latest announcement to move towards a 25 per cent tariff between the EU and US on scotch whisky is a significant blow for the sector, which has been somewhat caught in the cross fire of retaliation regarding the Airbus WTO ruling.

Scottish farmer wins VAT appeal in the Supreme Court

31 July 2019

The Supreme Court has ruled that a Scottish farmer is entitled to recover more than £1m of VAT incurred on the purchase of more than £7m of EU farm subsidies - a decision which could prompt many other UK taxpayers to revisit VAT they’ve blocked on fundraising activities.

Zero tariff deal welcome news for Scottish whisky industry
Stuart McCallum

27 July 2018

The latest agreement to move towards a ‘zero tariff deal’ between the EU and US will be welcome news to the Scottish whisky industry. Stuart McCallum, RSM’s head of food and drink in Scotland comments.

Businesses urged to pay VAT on time after court rules six figure fine for one day payment delay ‘proportionate’
Jim Burberry

25 February 2016

RSM is advising businesses to pay their VAT on time after a Tax Tribunal ruled that a six figure fine imposed for missing a VAT payment by one day was ‘proportionate’.

European Court reaches decision on holding companies and VAT recovery
Jim Burberry

17 July 2015

For the second time in a matter of weeks, the European Court has dealt another blow to the UK's administration of VAT, casting doubt on HMRC's policy on VAT recovery by holding companies.

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