Andrew Rimmer Senior VAT Manager Baker Tilly outlines the main VAT and Indirect Tax issues in the Pre-Budget Report
The Chancellor's Pre Budget Report (PBR) addresses a number of long-term land and property VAT issues comments on the effectiveness of previous PBR strategies and Post Implementation Reviews of other simplification measures regarding excise duties (hydrocarbon oils duty deferment) and announces changes in the VAT liability of fuels and gaming machine takings. The principle items are outlined below.
VAT changes
HM Revenue & Customs (HMRC) has issued Business Brief 23/05 regarding three land and property VAT issues:
● the rewrite of the existing VAT law appertaining to...
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Andrew Rimmer Senior VAT Manager Baker Tilly outlines the main VAT and Indirect Tax issues in the Pre-Budget Report
The Chancellor's Pre Budget Report (PBR) addresses a number of long-term land and property VAT issues comments on the effectiveness of previous PBR strategies and Post Implementation Reviews of other simplification measures regarding excise duties (hydrocarbon oils duty deferment) and announces changes in the VAT liability of fuels and gaming machine takings. The principle items are outlined below.
VAT changes
HM Revenue & Customs (HMRC) has issued Business Brief 23/05 regarding three land and property VAT issues:
● the rewrite of the existing VAT law appertaining to...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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