Indirect Tax

Technical
1 April 2018

The CIOT responded to HMRC’s consultation on VAT and vouchers, arising from the EU Vouchers Directive (2016/1065 of 27 June 2016) that seeks to harmonise the voucher rules throughout the EU.

Technical
1 March 2018

HMRC has been conducting further meetings with various stakeholders prior to finalising the draft legislation for its anti-fraud measure that seeks to tackle organised tax fraud on labour in the construction sector, where VAT and CIS losses are occurring.

Technical
1 March 2018

The European Commission has published proposals to give EU member states greater flexibility on setting VAT rates and simplification measures for SMEs.

Technical
1 March 2018

The CIOT has commented on the Taxation (Cross-border Trade) Bill. Whilst commonly known as the ‘Customs Bill’, it also significantly impacts VAT and Excise law. The CIOT has strong concerns about the government’s approach and the wide use of delegated powers.

Technical
1 February 2018

The CIOT and LITRG report back from the Air Departure Tax Stakeholder Forum, the Administrative Justice Working Group and on the Scottish Government’s Draft Budget for 2018/19.

Technical
1 February 2018

The VAT requirements become clearer as draft regulations and guidance are published, but do the numbers stack up?

Technical
1 February 2018

HMRC consults on how to transpose a recent EU VAT Directive on VAT and vouchers into UK law. HMRC also wishes to be alerted to any issues that the new rules may present and whether greater clarity is required in some areas.

Technical
1 February 2018

HMRC are consulting on proposals to harmonise interest rates and rules and introduce a standardised approach to late payment penalties across taxes.

Technical
1 February 2018

Our work with HMRC, HM Treasury and parliamentarians, on the VAT, customs and excise implications of Brexit, continues.

Technical
1 January 2018

Following several member queries, a submission was made by CIOT to HMRC regarding several VAT issues faced by non-resident landlords with opted commercial properties in the UK.