24 January 2020
The new European Union (Withdrawal Agreement) Bill changes the Brexit picture for VAT and customs duty yet again. Businesses should keep up preparations for a departure on 31 December 2020.
02 January 2020
News Corp UK and Ireland Limited (News UK), the publisher of The Times, has been successful in its appeal to the Upper Tribunal where it argued that digital versions of its newspapers should be zero rated for VAT.
16 November 2019
Most UK VAT-registered organisations should, by now, have begun to account for VAT in compliance with the making tax digital for VAT (MTDfV) rules. However, HMRC has allowed a six-month extension to a minority of complex organisations.
20 September 2019
With a Brexit date of 31 October 2019 still the default position, many UK businesses will be considering setting up in another EU jurisdiction to maintain an EU presence. Besides commercial considerations, there will be tax consequences to consider.
28 August 2019
A recent First Tier Tribunal decision has ruled that the procedures undertaken by health clinic Skin Rich Limited (SRL) were cosmetic in nature and were not exempt as either medical care or, given they were not regarded as a regulated clinic, as qualifying services provided by a hospital or similar institution.
14 June 2019
Over a month after some organisations began their first making tax digital (MTD) compliant VAT return period, HMRC made a series of changes to its guidance on this reform. While there are a number of welcome changes, affected organisations should take note to ensure that their implementation takes account of them.
18 May 2019
While details of the UK’s long-term relationship with the European Union (EU) remain unclear, the VAT and customs issues associated with international trade continue to throw up challenges.
15 May 2019
The changes in the policy of Value Added Tax (VAT) for retained payments and deposits. Find out what the changes are and how they can affect you.
14 May 2019
Leading audit, tax and consulting firm RSM has expanded its tax team in Southampton with the addition of three new specialists to its growing capital allowances, VAT and tax investigations practice.
24 April 2019
Over the course of the last few months, organisations around the UK have braced themselves for the introduction of making tax digital for VAT (MTDfV). While a lucky few ‘complex’ organisations have a six-month deferral, most have had one date in mind: 1 April 2019. However, timing your registration for this new system must be carefully timed to ensure that you don’t sign up too soon.