Displaying 10 of 86 results
Increased VAT costs for Law Firms - VAT to be charged on electronic search fees and other disbursements?
Ian Carpenter

06 October 2017

The First-Tier Tribunal has ruled that Brabners LLP is liable to pay VAT on search fees that had been charged to clients as VAT free disbursements. The case related to whether search fees for an electronic review of local authority and local land charges could be considered a VAT free disbursement or whether VAT should have been charged to clients.

Farmers removed from VAT simplification scheme could be due a refund

04 July 2017

A recent opinion from an Advocate General to the European Court of Justice could open the way for farmers who have been incorrectly removed from a VAT simplification scheme to receive a VAT refund from HMRC.

Seismic changes to indirect taxes in India, but are businesses ready?

27 June 2017

The introduction of the Goods and Services Tax in India aims to introduce a single market framework through significant tax reform to support economic growth in the country, but are policymakers, businesses and digital systems ready?

The devolution of VAT distortion

21 June 2017

A recent tax tribunal ruling has determined that the devolution of laws on social care regulation has created discrimination – in breach of EU VAT law – in the VAT treatment of private day care services providers between the different constituent parts of the United Kingdom. On leaving the EU, the UK will no longer be subject to compliance with EU VAT law, but nevertheless, we cannot continue to have disparity between the unitary application of taxation and devolved competencies.

VAT horizons
Ian Carpenter

20 June 2017

The VAT horizon brochure looks at how early awareness of significant VAT changes can help businesses consider whether their current systems and review processes will cope with the proposed changes in the next two years.

The insurance premium tax rise - who really pays?

31 May 2017

On 1 June, the standard rate of insurance premium tax (IPT) rises from 10 to 12 per cent, prompting howls of disapproval from the industry who are claiming that a typical household stands to pay an extra £50 a year. However, a common myth is that the IPT is always passed on to the insured. In fact, consumers may not be as badly hit as some are predicting – at least for now.

There’s no such thing as a VAT-free lunch, or is there…?

09 May 2017

Many UK schools and colleges could benefit from a VAT windfall of tens of millions of pounds, plus interest, thanks to a ruling from the European Court. Under EU VAT law the provision of education by eligible bodies – including universities, colleges and independent schools – is exempt from VAT. In a landmark decision, the CJEU has confirmed that sales to the public such as catering sales in training restaurants and admission charges to theatrical performances by students, are services closely related to the provision of education, and also exempt from VAT.

VAT windfall on government phone lines

25 April 2017

The last scheduled debate of this Parliament will be an ‘adjournment debate’ on Thursday 27 April to discuss the cost of telephone calls to the Department of Work and Pensions and other advice lines by Government Departments. The likelihood is that Parliament may prorogue before the debate – no doubt as a result of time constraints and nothing to do with any VAT windfall the Government receives from these numbers.

European Court of Justice VAT decisions to impact UK after Brexit

19 April 2017

It is entirely plausible that the Court of Justice of the European Union (CJEU) will still be making decisions on the UK’s tax system in 2023. Where there is insufficient CJEU precedent on interpretation of EU VAT law, a referral may still be required from UK VAT courts to be heard by the CJEU, and a binding decision issued by the CJEU, even if the UK has already left the EU by the time the decision is handed down.

Post-Brexit customs system runs into trouble

05 April 2017

With a possible five-fold increase in the number of transactions requiring customs clearance following Brexit, confidence in the successful implementation of the Customs Declaration Service (CDS) is critical.