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.
14 July 2020
An update on the recent developments affecting Indirect Tax and Customs Duty. We will discuss VAT rate change and other issues including coronavirus, charity advertising and post-Brexit customs changes.
20 June 2020
We outline the VAT and indirect tax measures that organisations can take advantage of to save money during the coronavirus outbreak.
04 June 2020
As the four countries of the UK start to ease their lockdown restrictions and some sort of return to normality is on the horizon, private sector student accommodation providers may struggle if the economic conditions don’t improve rapidly to allow students to return to universities.
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.
12 May 2020
The European Commission has proposed delays to the changes originally planned for introduction in January 2021 designed to simplify the VAT system. Read more here.
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.
21 April 2020
Following enquiries by RSM, HMRC has confirmed that R&D repayment claims will not be offset against tax liabilities under COVID-19 deferral schemes. However, payments of tax that are delayed under time-to-pay agreements with HMRC remain subject to offset.