Two changes to the partial exemption de minimis rules will make it easier for businesses to establish their de minimis status HMRC said. The changes effective for VAT accounting periods beginning on or after 1 April 2010 are optional and HMRC's approval will not be required. Details are set out in VAT Information Sheet 04/10 see www.lexisurl.com/hOGb5.
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:
Two changes to the partial exemption de minimis rules will make it easier for businesses to establish their de minimis status HMRC said. The changes effective for VAT accounting periods beginning on or after 1 April 2010 are optional and HMRC's approval will not be required. Details are set out in VAT Information Sheet 04/10 see www.lexisurl.com/hOGb5.
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:
