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How will new HMRC delegated authority claims handling guidance affect lawyers?
Ian Carpenter

21 January 2019

HMRC have issued new guidance on delegated authority claims handling by lawyers. Ian Carpenter (RSM’s head of indirect tax) discusses the new guidance and what it means for law firms and the potential VAT costs.

Making Tax Digital (MTD) Readiness Review
John Forth

The MTD Readiness Review provides a clear route to MTD compliance. The Review assesses your organisation’s current VAT processes and identifies the steps required to be taken to become MTD ready.

Making Tax Digital (MTD) - VAT

25 June 2018

From April 2019 VAT registered businesses in the UK will need to be MTD compliant for VAT, but do you know the facts from the myths?

The debate on hire purchase VAT recovery takes an unexpected turn in Europe
Ian Carpenter

16 May 2018

The Volkswagen Financial Services (VWFS) case has been rumbling on since 2011. It considers the issue of how a business supplying vehicles on hire purchase (HP) should recover VAT on overhead costs, given that HP transactions result in a standard rated supply (of the vehicle) and an exempt supply of finance.

Making Tax Digital – Exploring the myths
John Forth

27 March 2018

The making tax digital (MTD) reforms represent a fundamental and unprecedented change to the UK tax system which will ultimately impact all UK taxpayers. VAT is now at the forefront of the plans which HMRC has for MTD although the MTD changes are expected, in time, to apply to all the main taxes.

VAT on disbursements ramifications of the Brabners LLP (Brabners) case
Ian Carpenter

09 February 2018

In our previous VAT briefing we suggested adopting a ‘wait and see’ approach pending the issue of guidance from HMRC on their view of how the decision affects law firms generally. However, as it is becoming increasingly unlikely that HMRC will issue any such guidance and as to our knowledge, Brabners has not submitted an appeal to the tribunal, we believe the position should now be reappraised.

Is there a solution to the post-Brexit import VAT conundrum?

12 January 2018

The second reading of the Taxation (Cross-Border Trade) Bill has brought into sharp focus the fact that, post-Brexit, the UK will lose access to some of the beneficial VAT rules available to EU members for the intra-community supply of goods. So could the future solution lie in adopting the special regime operated by the Netherlands?

It takes two to tackle online VAT fraud

30 November 2017

Clamping down on online VAT fraud is clearly a key priority of the government following new enforcement measures announced in the Budget. However, can online marketplaces comply without significant input from HMRC?

RSM appoints new indirect tax partner
Ian Carpenter

06 November 2017

Leading audit, tax and consulting firm RSM has appointed Audrey Fearing as a new indirect tax partner in London.

Court of Justice European Union (CJEU) case may end VAT cost sharing groups for real estate businesses
Ian Carpenter

10 October 2017

Since the introduction of VAT cost sharing groups came into UK law in 2012, some real estate businesses use the facility to mitigate VAT costs. However, the CJEU has ruled that a cost sharing group may only apply to organisations who carry out activities which are in the public interest.

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