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Following the case of Hastings Insurance Services Limited v HMRC [2018] UKFTT 27 (TC) (see below), the Government announced in July last year that secondary legislation would be introduced

With the United Kingdom’s departure from the European Union stumbling indecisively towards a hard Brexit, this article looks at who, in principle, is entitled under VAT law to recover import VAT.

The introduction of the VAT domestic reverse charge (‘reverse charge’) for organisations working in the construction industry has brought tax back into the spotlight within the sector.

In recent years the amount of UK real estate in ‘foreign’ ownership has become a topic of political sensitivity.

Following a raft of successive piecemeal changes to the Capital Gains Tax (‘CGT’) regime over the years (see the article Over Baked in the May 2017 issue of Tax Ad

Background

As most readers will know, a VAT-registered business is required to account to HMRC for the VAT that it charges its customers (output tax), but (in most cases, at least) can cl

There are a number of expenses incurred by a business which can present a genuine input tax challenge for many advisers: can I claim all of the VAT being charged by the supplier, some of it or none

At the time of writing, the government has faced a number of defeats in the House of Commons on several versions of their proposed Brexit deal.

The risk of a no deal Brexit remains high at the time of writing this article (7 March 2019), even if there is some delay in the UK leaving the EU.

What is the starting date for MTD?

MTD takes effect for VAT periods beginning on or after 1 April 2019 for most VAT registered businesses.