Neil Warren shares his thoughts in a question and answer article on the introduction of a new category for ‘limited cost traders’ who will use a rate of 16.5% from 1 April 2017
Following the introduction by Michael Conlon QC, the morning VAT stream comprised sessions from Neil Hedger (HMRC) on business / non-business use, Etienne Wong on taxable persons, Stuart Walsh on avoidance and abuse and a panel session on avoidance.
Lakshmi Narain reports on a key lecture at the indirect Tax Conference held in September where Paul Lasok QC provided an insightful analysis of the consequences of the referendum held on 23 June 2016
Jack Sims considers the administration of VAT and customs duties including EC Sales Lists, Intrastat Declarations, accounting and record keeping requirements, and HMRC’s powers to investigate
