The devil is in the detail
The House of Commons briefing paper Tax after the EU referendum carried the statement ‘… the relative importance of VAT to the Exchequer – accounting for around 17% of all government recei
The House of Commons briefing paper Tax after the EU referendum carried the statement ‘… the relative importance of VAT to the Exchequer – accounting for around 17% of all government recei
The VAT system only works properly if input tax claimed by one business has been declared as output tax by another.
In his article on the tax implications of Brexit, Bill Dodwell (Tax Adviser, August 2016) dealt with the high level issues that will need to be dealt with e.g., the interpretation of law that
On 26 May 2016, the Court of Justice delivered the long-awaited judgment in Case C-607/14, Bookit Limited v HMRC (Bookit) and Case C-130/15, National Exhibition Centre Limited v HMRC (
I was recently involved with a VAT problem that HMRC identified on a compliance visit, namely a difference in the sales figure on the annual accounts of a business compared with the outputs declare
Landlords could be forgiven for perhaps feeling a little persecuted by the government of late.
The historic EU referendum vote certainly delivered a shock to the country – whichever way you voted.
Following an announcement in the November Autumn Statement and a subsequent consultation process, legislation has been introduced that adds an additional 3% to the SDLT/LBTT liability for certain t
An undemocratic, unaccountable system run by faceless administrators, claiming to represent the people and to offer Europe’s best hope for peace, but ultimately ignoring the will of her citizens th