27 March 2020
VAT may be able to create important cash flow advantages. This article outlines just one option that commercial property landlords should consider, allowing them to realise a significant cash advantage.
11 March 2020
Following the Chancellors 2020 Budget announcement, there are a raft of consultations taking place. This article summarises some of the key announcements.
11 March 2020
The Chancellor announced as part of his Budget speech today that the government would introduce legislation to apply a zero rate of VAT to e-publications from 1 December 2020, to make it clear that e-books, e-newspapers and e-magazines will be entitled to the same VAT treatments as their physical counterparts.
10 March 2020
As the coronavirus begins to affect bookings, travel and leisure businesses are looking for VAT easements from HMRC to help their cash flow. But following the Government’s unsuccessful attempt to provide time-to-pay support to Flybe, it could be a case of once bitten, twice shy.
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.
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.