Indirect Tax

Technical
1 January 2018

The CIOT welcomes the Office of Tax Simplification’s (OTS) first report on how the VAT system can be simplified, published on 7 November.

Technical
1 January 2018

The CIOT continues to engage regularly with HMRC on the Making Tax Digital (MTD) for VAT plans. Initial primary legislation has been published and secondary legislation is expected before the end of 2017.

Technical
1 December 2017

Fulfilment House Due Diligence scheme – stakeholder meeting and further consultation on draft regulations.

Technical
1 December 2017

Business needs certainty in order to prepare for changes to cross-border trade post-Brexit.

Technical
1 November 2017

HMRC’s consultation, announced at Spring Budget 2017, sought views from stakeholders on proposed policy options to prevent supply chain fraud in supplies of labour provision within the construction sector. The call for evidence closed on 9 June 2017 and HMRC has been collating the feedback.

Technical
1 November 2017

The CIOT submitted two budget representations in advance of the Autumn 2017 Budget.

Technical
1 November 2017

The CIOT has submitted a response to the Scottish Government consultations on an overall 50% reduction policy plan and an Environmental Report.

Technical
1 October 2017

The CIOT has urged the government to act swiftly to turn the proposals in its paper for a future customs relationship with the EU into agreed measures that will give businesses a long lead-in period before Brexit.

Technical
1 September 2017

Is UK law and HMRC policy in relation to certain duty points and suspension restrictions in line with EU law, following a landmark decision by the European Court?

Technical

The delay in the introduction of Making Tax Digital is welcome, but there is still much to do to ensure Making Tax Digital works for VAT from the proposed date of April 2019.